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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
TSMC bolstered its U.S. expansion by raising its 2026 revenue growth outlook to over 40%, driven by AI demand and the ramp-up of 2-nanometer technology. The company also increased its 2026 capital expenditure budget to $64 billion to capture long-term growth in High-Performance Computing. Additionally, autonomous maritime drone firm Saronic committed a $3.2 billion investment to Texas.