On Thursday, Taiwan Semiconductor Manufacturing Company (TSMC) reported record fourth-quarter earnings and said it expects AI chip demand to continue for years. During an earnings call, CEO C.C. Wei told investors that while he cannot predict the semiconductor industry’s long-term trajectory, he remains bullish on AI.

Taiwan sought to downplay concerns its tech industry is being hollowed out by a US trade deal, as Taiwan Semiconductor Manufacturing Co. and other chipmakers invest hundreds of billions of dollars in America.

TSMC just committed $56 billion to AI chip manufacturing capacity. That’s not money disappearing into factories. It’s money flooding into the equipment makers who build those factories. Three suppliers stand to capture the lion’s share of this windfall,

Trump initially set the tariff at 32% on Taiwanese goods but later changed it to 20%. The new agreement slashes the tariff rate to 15%, the same as levied on other U.S. trading partners in the Asia-Pacific region such as Japan and South Korea.

Taiwan Semiconductor Manufacturing Company Limited is rated a Buy due to strong Q4 earnings and guidance. Learn more about TSM stock here.

Sunlit Arizona, a chemical supplier, purchased 40 acres in Casa Grande for $9.2 million to build a new manufacturing plant. This marks the 10th semiconductor supplier to establish operations in Casa Grande, following a trend started by Taiwan Semiconductor Manufacturing Co.'s investment in Arizona.

Taiwan’s premier has hailed a new trade deal with the United States as the “best tariff deal” enjoyed by countries with trade surpluses with Washington, while an official in Beijing condemned the accord.

Chipmaker buys 900 Arizona acres and forecasts 30% spending jump as AI chip demand drives U.S. expansion with yields matching Taiwan.

TSMC says leading-edge manufacturing stays in Taiwan, while newer technology could move to US sites after it stabilizes.