Taiwan Semiconductor Manufacturing Co. saw a significant turnaround in its overseas manufacturing facilities' profitability. This occurred in the first half of 2026. Its Japanese joint venture, JASM, reportedly shifted from a loss to a profit.
Beyond Japan, TSMC's Arizona facility saw sharp expansion. Operations in China remain stable. The company's new plant in Germany, ESMC, remains under construction. It is in a pre-profitability phase. These developments reflect TSMC's progress in diversifying its manufacturing base outside of Taiwan.