Trump and TSMC to Announce $100 Billion Investment in U.S. [Report]

Taiwan Semiconductor Manufacturing Co. (TSMC) is set to make a major move in the U.S., with plans to invest $100 billion over the next four years to build advanced chip-making plants. The announcement, expected later today from President Trump, marks a significant step toward bolstering domestic semiconductor production—a goal the U.S. has chased for years as manufacturing shifted overseas, largely to Asia. Sources familiar with the matter shared the details with The Wall Street Journal.The investment will reportedly fund cutting-edge facilities, expanding on TSMC's existing foothold in Arizona. The company first broke ground there in 2020 with a $12 billion factory, but its ambitions have since grown. Two additional plants have been added to the site, pushing the total investment in Arizona to $65 billion. Mass production kicked off at the first factory late last year, and this new $100 billion plan signals even bigger plans ahead. TSMC, the world's top contract chip maker, produces the tiny components that power everything from iPhones to AI systems.Continue ReadingShare Article:Facebook, Twitter, LinkedIn, Reddit, EmailFollow iClarified:Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube

Mar 3, 2025 - 21:39

Trump and TSMC to Announce $100 Billion Investment in U.S. [Report]

Taiwan Semiconductor Manufacturing Co. (TSMC) is set to make a major move in the U.S., with plans to invest $100 billion over the next four years to build advanced chip-making plants. The announcement, expected later today from President Trump, marks a significant step toward bolstering domestic semiconductor production—a goal the U.S. has chased for years as manufacturing shifted overseas, largely to Asia. Sources familiar with the matter shared the details with The Wall Street Journal.

The investment will reportedly fund cutting-edge facilities, expanding on TSMC's existing foothold in Arizona. The company first broke ground there in 2020 with a $12 billion factory, but its ambitions have since grown. Two additional plants have been added to the site, pushing the total investment in Arizona to $65 billion. Mass production kicked off at the first factory late last year, and this new $100 billion plan signals even bigger plans ahead. TSMC, the world's top contract chip maker, produces the tiny components that power everything from iPhones to AI systems.

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