Friday, March 7th, 2025, 4:30pm
Semiconductor Industry Association
WASHINGTON – March 7, 2025 – The Semiconductor Industry Association (SIA) today issued the following statement from President and CEO John Neuffer regarding this week’s announcement by TSMC’s CC Wei and President Trump: The company plans to increase its US investment in sophisticated semiconductor manufacturing to $100 billion (a total of $165 billion).
“This week’s announcement by TSMC and President Trump is a major victory for the US economy, supply chain security and domestic production of advanced chips that drive AI and many other future transformative technologies. Since TSMC’s first US investment was announced during President Trump’s first term, companies across the semiconductor ecosystem have committed to investing more than $50 trillion in the United States. We praise TSMC for their bold investment in the United States, and look forward to working with Washington leaders to advance policies that promote America’s economic strength, national security and technology leadership.”
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Media Contact
Dan Rosso
Semiconductor Industry Association
240-305-4738
sia drosso@semiconductors.org
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries, and is a key driver of America’s economic strength, national security and global competitiveness. SIA accounts for 99% of the US semiconductor industry for revenue and almost two-thirds of non-US chip companies. Through this coalition, SIA aims to strengthen semiconductor manufacturing, design and research leadership, promote innovation, promote business and encourage policies that promote international competition by working with stakeholders from Congress, government and key industry around the world. For more information, please visit www.semiconductors.org.
