Taiwan Semiconductor Manufacturing Co., the world’s top producer of AI chips, plans to invest an additional $100 billion in US plants that will boost its chip output on American soil and support President Donald Trump’s goal of increasing domestic manufacturing.
Taiwan Semiconductor Manufacturing Co. (TSMC) has announced a $100 billion investment in the United States, aimed at expanding its manufacturing capabilities and supporting President Donald Trump's initiative to boost domestic manufacturing. This investment focuses on producing advanced AI chips, critical for industries ranging from technology to automotive. TSMC, already operating facilities in the US, Japan, and Germany, plans to establish additional advanced wafer fabrication and packaging plants in the US, creating thousands of high-tech jobs. Analysts note that while TSMC is expanding globally, a significant portion of its investment will remain in Taiwan to meet global demand. The move is influenced by US trade policies, with Trump emphasizing the use of tariffs to encourage domestic investment, differing from former President Biden's approach of legislative support through the Chips and Science Act.
