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AI NewsTSMC Approves Fresh $20 Bn for Arizona Chip Plant, $31.3 Bn for Future Fabs

TSMC Approves Fresh $20 Bn for Arizona Chip Plant, $31.3 Bn for Future Fabs

6:39 PM IST · May 12, 2026

TSMC Approves Fresh $20 Bn for Arizona Chip Plant, $31.3 Bn for Future Fabs

The chipmaker ramps up spending on advanced capacity amid rising AI demand and fresh speculation about Tesla’s future chip plans.

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