Key Takeaways TSM raised U.S. investment to 165B for fabs, packaging sites, and R&D in Arizona.Expansion in Japan and plans in Germany support global chip supply diversification.TSM expects gross margin contraction of 2-3% in 2025, widening in later years.Taiwan Semiconductor Manufacturing Company ((TSM) is moving forward with its global manufacturing expansion to meet demand for advanced process technologies. In March 2025, the company raised its planned U.S. investment to 165 billion. This includes six ...