TSMC is evaluating a potential investment in Texas to expand U.S. chip production, Reuters reported, citing two people familiar with the matter. The plans are not final, and any Texas project would be additional to the $265 billion the company has committed to Arizona. TSMC raised its Arizona commitment by $100 billion in July, when Chief Executive Officer C.C. Wei said the expansion would likely include four or more additional fabrication and back-end facilities. Once current and planned projects are included, TSMC's Arizona operations are expected to comprise 12 fabrication and advanced-packaging facilities and an R&D center.