CEO: Taiwan Semi is speeding up U.S. chip production
Signage for Taiwan Semiconductor Manufacturing Company (TSMC) at it's fabrication plant in Phoenix, Arizona, US, on Monday, March 3, 2025.
Rebecca Noble | Bloomberg | Getty Images
Taiwan Semiconductor Manufacturing Company CEO C.C. Wei on Thursday said the company is seeing "strong interest" from its leading U.S. customers and is working to speed up its volume production schedule by several quarters.
TSMC is the world's largest contract chip manufacturer, and the company has pledged to invest a total of $165 billion in advanced semiconductor manufacturing in the U.S. The company shared updates to its global manufacturing plans during its second-quarter earnings call on Thursday.
"TSMC will continue to play a critical and integral role in enabling our customers' success, while also maintain a key partner and network of the U.S. semiconductor industry," Wei said on the call.
As part of its investment in the U.S., TSMC is building six advanced wafer manufacturing fabrication facilities in Arizona, two advanced packaging fabrication facilities and an R&D center.
Wei said the first fabrication facility in Arizona is already complete, the second has been built and construction is underway at the third.
The company reported $31.7 billion in revenue for the period, as well as nearly a 61% rise in profit year over year, hitting a record high and beating estimates.
U.S. President Donald Trump has threatened steep "reciprocal tariffs" of 32% in Taiwan, but the country is carrying out trade talks with the U.S., according to local media reports. Trump warned of potential additional tariffs on semiconductors earlier this month.
"Looking into second half of 2025, we have not seen any change in our customers' behavior so far," Wei said. "However, we understand the uncertainties and risk from the potential impact of tariff policies, especially on consumer-related and the price-sensitive, end-market segment."
TSMC posts second-quarter profit surge — here are the key points
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