TSMC increased its 2024 capital expenditure projection above US$64 billion and announced an additional US$100 billion investment in U.S. production sites, bringing total U.S. commitments to US$265 billion. The company also reported a 77% rise in second-quarter profit and outlined plans for 13 advanced wafer fabs in Taiwan plus three new 3nm facilities across Taiwan, Arizona, and Japan. TSMC is simultaneously resisting planned price increases from ASML for EUV lithography equipment.