Taiwan’s chipmaker TSMC plans US$100 billion investment in the United States
Taiwanese semiconductor company TSMC has exciting news! In the coming years, they’re planning to invest an impressive US$100 billion (€135 billion) in the United States to build five new chip manufacturing facilities. CEO C.C. Wei shared this fantastic announcement with U.S. President Donald Trump on Monday. It’s a big step for the industry and a great move for the economy!
“We must be able to build the chips and semiconductors that we need right here,” Trump said. “It’s a matter of national security for us.”
TSMC said the expansion includes plans for three new chip fabrication plants, two advanced packaging facilities, and a major R&D center.
Apple said it would invest US$500 billion in the next four years. Indian billionaire Gautam Adani, Emirati billionaire Hussain Sajwani, and SoftBank also have promised multi-billion dollar investments in the United States.
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