TSMC Commits $100 Billion to Expand U.S. Semiconductor Production
The Taiwanese chipmaker plans to build three additional factories in Arizona, bolstering U.S. chip manufacturing amid geopolitical tensions over Taiwan.
- TSMC announced a $100 billion investment to expand its semiconductor manufacturing footprint in the United States over the coming years.
- The new investment will fund the construction of three additional factories in Arizona, bringing the total to six facilities in the state.
- This announcement follows a previous $65 billion commitment under the Biden administration, supported by over $6 billion in U.S. government subsidies.
- The expansion aims to address Western concerns about over-reliance on Taiwan for high-performance chips, particularly in light of escalating tensions with China.
- TSMC plans to produce cutting-edge chips with two-nanometer technology at one of the new factories, which is expected to be operational by 2028.