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World's Giant Chip Company to Invest US$100 Billion in the US
Taiwan Semiconductor Manufacturing Co (TSMC), the largest semiconductor manufacturing company from Taiwan, is reportedly going to invest US$100 billion in chip manufacturing plants in the United States (US) over the next few years.
The statement was announced directly by US President Donald Trump on Monday (03/03), local time. TSMC plans to use the funds to increase chip production in the state of Arizona.
The Chief Executive CC Wei at the White House stated that TSMC is targeting to build three new chip factories, two chip packaging plants, and one research and development center.
Trump said that with the development of the industry in the US, economic and national security issues have been resolved, and it is evidence that the tariff threat from him has been successful.
“If they make chips in Taiwan and aim to send them to the US, they will be subjected to tariffs of 25% to 50%. By building factories here, they will not be charged tariffs,” Trump said in his statement.
For information, TSMC is the largest contract chip manufacturer in the world as well as in Taiwan. They have had a center in Arizona since 2020, and with this latest investment, TSMC is trying to spend a total of US$165 billion on its plants in the US.