TSMC Announces $100 Billion Investment in US Chip Manufacturing

Expansion Plans

Taiwan Semiconductor Manufacturing Company (TSMC) has announced plans to invest an additional $100 billion in the United States. The investment will fund the construction of five new chip manufacturing facilities over the coming years.

Strengthening U.S. Semiconductor Production

This expansion aims to boost domestic semiconductor manufacturing, reduce reliance on Asian-made chips, and support advancements in critical technologies such as artificial intelligence.

Taiwan Government’s Response

Taiwan’s Executive Yuan spokesperson, Michelle Lee, stated that the government supports TSMC’s overseas investments as long as they enhance the global competitiveness of Taiwan’s semiconductor industry. The government views globalization as a positive step for the sector.

Existing Investments and New Facilities

TSMC’s new investment builds upon its previous $65 billion commitment in Arizona, which included three chip fabrication plants. The latest plan adds three more fabrication facilities, two advanced packaging sites, and a research and development center. These initiatives are expected to create tens of thousands of high-tech jobs and drive economic growth.

Strategic Importance

This move aligns with broader efforts by both TSMC and the U.S. government to enhance domestic semiconductor manufacturing. The expansion addresses national security concerns and aims to strengthen the U.S. position in key technology sectors.

“TSMC Announces $100 Billion Investment in US Chip Manufacturing”