Taiwan Semiconductor Manufacturing Company announced it is speeding up expansion at its site in Arizona.
The chipmaker says the growth comes from demand for artificial intelligence and high-performance computing chips.
The company says its plans will allow for a third of the production of some of its most advanced chips to be made in Arizona.
TSMC just finished construction on a second fabrication facility and broke ground on a third in April. But according to a quarterly earnings report, that is a fraction of its total plans at its site just off Loop 303 and I-17 in Phoenix.
The so-called "GIGAFAB cluster" will include three more chip facilities, two advanced packaging fabs for artificial intelligence and an R and D Center.
The plans are part of an additional investment of $100 billion in the U.S. that TSMC announced earlier this year.
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