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12mo

TSMC'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

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12mo ago
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