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TSMC expects "strong, multi-year" demand for AI chips as it ramps up its Arizona investment, signaling sustained growth in the semiconductor foundry sector. The Taiwanese chipmaker projects that surging adoption of artificial intelligence in data centers and edge devices will drive long-term orders, bolstering its expansion plans for the U.S. fabrication facility. The Arizona plant, part of TSMC's global capacity buildup, is positioned to serve major AI chip customers amid rising geopolitical pressures to diversify supply chains. This outlook aligns with broader industry trends, where AI chip demand is fueling investments in advanced nodes and packaging. The company's confidence in multi-year demand underscores the critical role of foundry capacity in powering AI workloads, reinforcing expectations for robust capital expenditure and revenue growth in the semiconductor ecosystem.