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deep tech Tech-Economic Times July 20, 2026

TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investment

TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investment
AI Summary

Speaking after blockbuster second-quarter results on Thursday, Chief ​Financial Officer Wendell Huang said the company is "very happy" with progress in Arizona, which is why it decided to ramp up investment to $265 billion.

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