Micron and TSMC Seen Rebounding as TSMC Announces $100B Arizona Investment
Micron and Taiwan Semiconductor have both surged over recent years but are off from their highs. TSMC said it will add another $100 billion to its Arizona facilities, signaling capacity growth. With AI hyperscalers indicating higher spending in 2027 and Nvidia projecting $1 trillion-plus, the outlook suggests momentum could return before 2026.