TSMC weighs Texas expansion, but key US tax incentive could decide the move

TSMC is reportedly considering a new manufacturing campus in Texas that could add tens of billions of dollars to its US expansion, creating a second major American hub alongside Arizona. The decision hinges on a key US tax incentive, with Singapore also in the frame.

• A Texas campus could add tens of billions of dollars to TSMC's US investment
• The decision depends on a key US tax incentive
• Singapore is also being considered as an alternative
• AI chip demand continues to strain advanced-node capacity