Trump to Announce $100 Billion Investment by Taiwan Semiconductor Giant in U.S. Manufacturing
The investment by TSMC, the world's largest chipmaker, aims to bolster U.S. semiconductor production over the next four years.
- President Trump is set to announce a $100 billion investment by Taiwan Semiconductor Manufacturing Company (TSMC) in U.S. chipmaking facilities during a White House event this afternoon.
- TSMC plans to expand its manufacturing presence in the U.S., building on previous investments in Arizona supported by $6.6 billion in subsidies under the 2022 CHIPS Act.
- The investment is part of efforts to strengthen domestic semiconductor production and reduce reliance on Asia, where the majority of chips are currently manufactured.
- TSMC CEO C. C. Wei will meet with Trump to discuss the company's plans, which align with U.S. national security priorities and the growing demand for chips driven by artificial intelligence and advanced technologies.
- This announcement follows other major investment commitments in the U.S. by private companies, including $500 billion from Apple and $600 billion from Saudi Arabia in recent months.