A commentary piece on Yahoo Finance noted that TSMC (TSMC), the world’s leading chipmaker, announced in its second-quarter earnings report that it would invest an additional $100 billion in its manufacturing facilities in Arizona, bringing its total investment in the state to $265 billion.The article also noted that TSMC CEO Wei Zhejia said during the second-quarter earnings call that he expects demand for artificial intelligence (AI) chips to continue at least through 2029–2030 and possibly even longer as new industries emerge.