TSMC's CFO Wendell Huang announced an additional $100 billion investment, totaling $265 billion, to accelerate capacity at its Arizona factory. This expansion, driven by a multi-year AI demand megatrend, includes converting 5nm to 3nm capacity and developing 2nm technology, despite higher U.S. construction costs.
TSMC is accelerating capacity at its Arizona factory, committing an additional $100 billion to expand its U.S. chipmaking footprint, driven by a multi-year surge in AI demand and strong government support, despite higher construction costs.
TSMC, the world's largest chipmaker, is facing challenges meeting demand from American customers, even with its US factory expansion. CEO C.C. Wei cited high customer demand and the AI boom as key factors, noting that US-based production will take time to scale.
AWS launched a preview of OpenAI models on its Bedrock platform hours after ChatGPT maker ended its exclusive cloud arrangement with Microsoft. The companies announced a $100B+ cloud deal over eight years, with OpenAI committing to use Amazon's custom Trainium chips. OpenAI CEO Sam Altman said the collaboration would involve co-developing a platform for AI agents.
