
CosmicTaco
12moTSMC's $100B US Chip Investment Plan
- TSMC pledges to invest over $100 billion in US chip manufacturing plants over the next four years.
- President Trump announced the investment during a recent press conference.
- The funds will support the construction of new facilities in Arizona and the production of AI chips.
- TSMC's total US investment now reaches $165 billion, leveraging the CHIPS Act.
- This move aims to address US concerns about TSMC's dominance and dependence on Taiwanese production.
Source: TechCrunch
12mo ago

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