WSJ Tech News Briefing · Thursday, July 16, 2026
Taiwan Semiconductor Manufacturing Company (TSMC) reported quarterly earnings that surpassed Wall Street's expectations and announced an additional $100 billion investment in the US. This new commitment increases TSMC's total planned US investment to $265 billion, which its CEO described as the largest direct foreign investment in US history. The company's performance signals the continued strength of the AI boom.
“And Taiwan semiconductor manufacturing company has reported another round of quarterly earnings that blew past Wall Street's expectations.”
“It also pledged to invest an additional $100 billion in the US and plans to spend a record amount, cementing its position atop the global semiconductor supply chain and sending one of the strongest signals yet that the AI boom is alive and kicking.”
“The new commitment brings its total planned investment in the US to $265 billion, a sum its CEO called the largest direct foreign investment in US history.”