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TSMC is investing an additional 0 billion into semiconductor manufacturing in the US

TSMC is investing an additional $100 billion into semiconductor manufacturing in the US

Taiwan Semiconductor Manufacturing Corporation (TSMC), the world’s top semiconductor manufacturer, has committed to investing another $100 billion over the next four years to enhance the U.S. premium semiconductor manufacturing industry. CC WEI, the company’s chairman and CEO, owns Announce Its investment in the White House with President Donald Trump continues to expand. TSMC will initially invest $40 billion in building a chip facility in Arizona, and then raise $65 billion in the facility Announced as a Chips Act recipient The Biden administration received $6.6 billion in grants. The announcement is an announcement of another $100 billion, bringing the company’s planned investment to $165 billion. TSMC calls it “the largest foreign direct investment in U.S. history.”

In the White House announcement, Trump reportedly said his threat of imposing new tariffs on chip imports prompted TSMC to invest in U.S. manufacturing efforts. The president previously told reporters that his government A 25% tax can be chargedor higher chip imports. He said tariffs could be significantly raised over the year.

The company’s original investment already includes plans for three Arizona manufacturing plants. This expansion will allow TSMC to build three more manufacturing plants, two advanced packaging facilities and a major R&D center. TSMC’s facilities in Arizona will make bargaining chips for AI and other cutting-edge applications, including Apple, Nvidia, AMD, Broadcom and Qualcomm. The company has not provided a timeline for the opening of new facilities, but it said its additional investment will result in 40,000 construction jobs over the next four years and will create “thousands of high-paying, high-tech jobs that will result in advanced chip manufacturing and R&D and R&D.”

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