Taiwan Semiconductor Manufacturing Company (TSMC), one of the world's leading chip manufacturers, is set to announce a massive $100 billion investment in new manufacturing facilities across the United States over the next four years.
President Trump is expected to reveal details of this landmark investment during a White House event in the Roosevelt Room on Monday afternoon. This move represents one of the largest foreign investments in US manufacturing history.
The planned investment builds upon TSMC's existing commitment to American manufacturing, following their previous $6.6 billion funding allocation under the CHIPS and SCIENCE Act of 2022, which included plans for their first US plant in Arizona.
This strategic expansion comes at a time when semiconductor chips have become indispensable components in modern technology, powering everything from smartphones to automobiles. The growing demand for artificial intelligence applications has further intensified the need for advanced computing capabilities and chip manufacturing.
The decision aligns with ongoing efforts to strengthen domestic semiconductor production in the United States. Currently, the majority of chip manufacturing occurs in Asian countries, with Taiwan leading global production. Both the current and previous US administrations have identified domestic chip manufacturing as a key national security priority.
TSMC's investment could also help the company navigate potential trade challenges, as President Trump has suggested implementing tariffs on semiconductor chip imports. The administration has also proposed expedited permits for companies investing over $1 billion in US operations.
This development marks a major shift in global semiconductor manufacturing dynamics and could reshape the industry's landscape in the coming years.