PHOENIX, Arizona — Taiwan Semiconductor Manufacturing Co. (TSMC) is fast-tracking its massive Arizona expansion following a historic trade agreement that paves the way for at least $250 billion in new U.S. technology investments.
The trade deal, finalized earlier this month, slashes reciprocal tariffs on Taiwanese goods from 20% to 15%. It also eliminates tariffs on generic pharmaceuticals, aircraft components and certain natural resources. In exchange, Taiwanese tech firms have pledged a quarter-trillion dollars to bolster domestic U.S. production.
The announcement comes as TSMC reports record-breaking financial results for the fourth quarter of 2025. Driven by the global artificial intelligence boom, the company saw sales climb 20.5% year-over-year, reaching more than NT$1.046 trillion (approximately $33.7 billion).
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The surge in revenue and new trade incentives is providing the fuel for TSMC’s north Phoenix “GigaFab” cluster. This is part of the biggest direct foreign investment ever made in the United States…