TSMC shares surge 5.11% intraday as company announces $170B 3nm chip plant in Japan to meet AI, robotics, and autonomous driving demand, amid broader semiconductor gains from increased AI investments by tech giants.
ByAinvest
Friday, Feb 6, 2026 10:08 am ET1min read
TSM--
TSMC surged 5.11% intraday, driven by the announcement of a $17 billion 3nm chip manufacturing facility in Kumamoto, Japan, set to begin production by late 2027 to meet rising demand for AI, robotics, and autonomous vehicles. The stock rally also reflects broader market optimism as AI-related capital spending increases, with tech giants like Google boosting investments to strengthen growth expectations for the chip industry.
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