TSMC adds $100 billion to Arizona buildout as AI chip demand surges
What's new: The move lifts TSMC's Arizona pipeline to $265 billion, with a second fab nearing equipment move-in and a packaging plant planned.
Subject
#Taiwan
TSMC lifts 2026 outlook, adds $100 billion to Arizona chip push
What's new: The chipmaker posted a record T$706.6 billion quarterly profit and raised 2026 capital spending to as much as $64 billion.
TSMC Q2 profit seen up 59% as AI chip demand stays strong
What's next: Investors are watching whether TSMC lifts its 2026 revenue outlook and capital spending when it reports Thursday.
Typhoon Bavi hits eastern China, nearly 2 million evacuated
Zhejiang canceled more than 400 flights and dozens of train trips as officials warned of heavy rain and flooding, with no major casualty reports.
CNN Indonesia, Republika +3
China June exports jump 27%, imports surge 36% on AI demand
Why it matters: Strong chip and data-center demand is cushioning China’s weak consumer economy ahead of new US tariff risks.
Bloomberg, CNBC
TSMC June revenue jumped 68% as AI chip demand stayed tight
What's next: The chipmaker reports quarterly earnings Thursday after second-quarter sales reached NT$1.27 trillion.
Typhoon Bavi hits eastern China after 1.7 million evacuations
What's new: China suspended schools and transport, canceled hundreds of flights and set aside 40 million yuan for relief.
BBC News (World), Bloomberg +3
Himax chip boom lifts Taiwan’s Wu brothers to $1 billion
What’s new: Their 24% stake gained as Himax shares more than doubled this year on demand for automotive display chips.
Singapore retook No. 1 in IMD competitiveness ranking for 2026
What’s new: It jumped to first in business efficiency, while Hong Kong rose to No. 2 and Switzerland fell to third.
China threatens retaliation after Taiwan opens intel portal
New: Taiwan’s NSB portal invites people in China to send political and security information through a channel it says is secure.
Trump invokes Defense Production Act to refill US missile stocks
Why it matters: The move points to strain on US munitions after the 15-week Iran war and could redirect supplies from partners such as Ukraine and Taiwan.
Bloomberg, The Straits Times +1
Singapore May exports jump 38.4%, fastest pace since 2003
What's new: Electronics shipments surged 94.8% on AI-driven demand, with exports to the US, Taiwan and China all rising.
Bloomberg, Channel News Asia
Taiwan Launches Intelligence Portal for Chinese Residents
The site is blocked in China, but Taipei hopes people will still send information through secure channels, including from abroad.
Taiwan fires HIMARS toward the Taiwan Strait in drill
The west coast launch was the first for Taiwan's HIMARS, testing a scenario for repelling a China invasion.
TSMC May sales jump 30% as AI chip demand stays strong
What's next: Analysts expect second-quarter sales to rise 35%, after TSMC lifted its 2026 outlook and spending plans in April.
BizLink buys Interplex Datacom for up to $900 million
What's next: The cash-and-debt deal is set to close in the second half of 2026 as BizLink expands deeper into AI data center hardware.
Trump puts Taiwan arms sales on hold as US shifts toward China
Why it matters: The move signals a broader effort to stabilize ties with Beijing, unsettling US partners across Asia.
The New York Times, The Straits Times
Taiwan weighs broader AI chip export curbs to China
What's new: The move could make AI chip smuggling to China a criminal offense in Taiwan for the first time.
Austin says US Navy could reopen Strait of Hormuz, at a cost
Why it matters: Keeping the waterway open would likely require allied support because any sustained operation would be expensive.
Bloomberg, The Straits Times
China conducts maritime operation east of Taiwan after Japan-Philippines protest
Taiwan deployed five patrol vessels after tracking four Chinese government ships departing Xiamen.