TSMC Unveils $100 Billion Investment in U.S. Semiconductor Industry, Boosting National Security
TSMC will invest $100 billion in U.S. semiconductor manufacturing, alongside plans for five new factories, underscoring the importance of domestic chip production.
World's Largest Semiconductor Chipmaker Invests $100 Billion in US, Trump Announces
Washington Free Beacon
Overview
Taiwan Semiconductor Manufacturing Co. (TSMC) announced a historic $100 billion investment in U.S. chip manufacturing during a White House meeting with President Trump. CEO CC Wei highlighted that this investment, which includes five new factories, aims to enhance domestic chip production and reduce reliance on Asia. This follows TSMC's earlier commitment to boost investments in Arizona, increasing its total U.S. investment to $165 billion. Trump emphasized the national security implications of semiconductor production, stating that the U.S. must produce its chips domestically. This move comes amid ongoing geopolitical tensions and the need for a resilient supply chain.
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TSMC's investment is driven by the need to reduce reliance on Asian supply chains, especially given geopolitical tensions and potential tariffs on Taiwanese semiconductors. It also aligns with U.S. efforts to bolster domestic chip production under the CHIPS and Science Act.
The investment enhances the U.S. semiconductor supply chain, reducing dependence on foreign chips. This is crucial for national security, as domestic chip production ensures a stable supply for critical industries like AI and automotive.
The investment aligns with the CHIPS and Science Act, which aims to bolster domestic semiconductor manufacturing. TSMC has received significant funding under this act to support its U.S. expansion.
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