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TSMC / Hardware / chips

Bullish TSMC to spend billions more on new fabs for AI chips

Agentic AI and fresh CPU demand is helping demand, and profits, stay high says CEO.

By Noah Bovenizer

Updated Jul 16, 2026 6:03 PM / Published Jul 16, 2026 2:13 PM 2 min read

The inside of a TSMC chip facility — Image credit: TSMC

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Noah Bovenizer

Noah Bovenizer is a senior reporter with The Stack. He previously covered the transportation sector for Global Data. He has a first class degree in journalism and has also worked as a newsreader for Gaydio.