Taiwan Semiconductor Manufacturing Corp. said at a White House press conference that it would spend $100 billion on US chip manufacturing plants. March 3rd.
President Donald Trump called the investment “a tremendous thing for our country and, hopefully for his company.” TSMC stated new investment The US total is $165 billion We’re going to build five new manufacturing facilities in Arizona.
TSMC Supplying semiconductors to Nvidia and Apple’s AI companies, Wei said the investment reflects the Trump administration’s focus on making the US an AI leader. Wei also thanked both companies such as AMD, Qualcomm and Broadcom and other US-based customers.
“This $100 billion new investment will create thousands of jobs by building five state-of-the-art manufacturing facilities in the large state-of-the-art state that Arizona just discussed.
Wei will begin planning three more fabs and two more fabs, all in Arizona, with the company beginning to plan two more fabs. White House AI and cryptocurrency Czar David Sacks said, “The products TSMC create are literally the most important products in the world. These advanced chips power everything. They power your phone. They drive your car.
In February, Trump announced a $500 billion data center investment with Oracle, Openai and SoftBank, which also focuses on AI support. During the Campaign Trail and his previous administration, and like his previous President Biden, Trump called for semiconductor production to be returned to the US after much of the manufacturing industry moved overseas. The expansion of semiconductor production in the United States is an economic and national security issue, Trump said at the event.
