TSMC Chief Executive C.C. Wei said Thursday that the world’s largest contract chip maker would pull forward production timelines for some of its planned facilities by “several quarters.” The expansion is aimed at creating a “gigafab cluster” in Arizona, to support U.S. clients in businesses like AI and smartphones, he added.

TSMC is expanding its Phoenix footprint, expediting already ambitious plans and cementing Arizona's status as a national semiconductor hub. TSMC's Arizona facility is part of its grand plan to diversify semiconductor manufacturing away from Taiwan's political volatility and to support a bipartisan U.