AP News (Jul 16, 2026): Wire coverage of TSMC Arizona pledge + earnings.

  • +265B
  • Record profits on AI demand; raised annual revenue forecast
  • Capex 2026 raised to 52–56B)
  • Expanding fabs in U.S., Japan, Taiwan; Nvidia and Apple key customers
  • Prior U.S. commitment cited as $165B for Arizona with six fabs before this increment