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first_img TSMC plans to build a second campus in Texas, with an estimated investment exceeding Arizona

According to the Economic Daily, citing sources from the semiconductor equipment industry, TSMC plans to expand its manufacturing presence in the United States. Following Arizona, it is set to initiate plans for a second park in the U.S., with a high likelihood of establishing six advanced wafer fabs in Dallas, Texas. Reports indicate that if the second park is launched, the total investment is expected to exceed the $265 billion in Arizona, linking Arizona's wafer manufacturing with Texas's advanced ecosystem. As of September 28, the reporter has not received a response from TSMC; supply chain operators stated that the owner has not yet notified preparations, and the board has not yet made a decision.The total investment in TSMC's wafer fab in Phoenix, Arizona, has now increased to $265 billion, with plans including six wafer fabs, two advanced packaging plants, and a research and development center. Reports suggest that TSMC's considerations for increasing its overseas presence include proximity to customers, diversification of geopolitical risks, and overcoming resource limitations such as land, water, and electricity in Taiwan. U.S. customers accounted for approximately 75.64% of TSMC's revenue in the first half of 2026.There are widespread rumors in the industry that TSMC is responding to demands from customers like NVIDIA, Intel, AMD, and Apple for local production in the U.S., while facing pressure from the U.S. government, which has threatened that chip manufacturers must relocate back to the U.S. or face tariffs of up to 200%. Dallas and North Texas are known as the "Silicon Prairie," with local factories established by Texas Instruments, Coherent, Samsung, and Tesla. Reports indicate that the Arizona facility still faces challenges such as water shortages, power shortages, and labor shortages, while Texas offers talent, lower tax burdens, and stable electricity, leading supply chain operators to believe that site evaluations are nearing completion.

first_img Blockchain.com plans to raise $500 million in an IPO, with a target valuation of up to $6 billion

According to Bloomberg, citing informed sources, the cryptocurrency exchange and wallet service provider Blockchain.com plans to complete its initial public offering (IPO) this year, aiming to raise approximately $500 million, with a target valuation range of $4 billion to $6 billion.Informed sources stated that if the listing process requires it, the company is also willing to accept a smaller issuance plan. Blockchain.com reached a valuation of $14 billion during the last peak of the cryptocurrency market, and this target valuation is significantly lower than that level. In May of this year, the company secretly submitted a draft registration document to the U.S. Securities and Exchange Commission to pave the way for a potential IPO, at that time not disclosing the number of shares to be issued or the price range.This listing plan comes as the capital market environment for cryptocurrency companies is reopening. Since mid-August, when the U.S. Treasury announced a significant increase in long-term Treasury bond repurchases, the price of Bitcoin has risen by more than 30%, driving an overall rebound in the cryptocurrency market. However, market conditions remain challenging; according to Bloomberg data, the stock prices of recently listed companies Gemini, BitGo, and eToro have fallen by about 50% to 80% from their post-listing highs.
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