TSMC said on Thursday it plans to invest $100 billion over the next three [years]

“TSMC said on Thursday it plans to invest $100 billion over the next three [years] to increase capacity at its chipmaking plants, days after Intel announced a $20 billion plan to expand its advanced chip manufacturing capacity.” (including a $12B factory in Arizona)

www.cnbc.com/2021/04/01/tsmc-to-invest-100-billion-over-next-3-years-to-meet-chip-demand