In a historic White House press conference, President Donald Trump joined TSMC Chairman C.C. Wei to announce a monumental US$100 billion investment by TSMC in the United States. The event, attended by US Secretary of Commerce Howard Lutnick and White House AI and Semiconductor Advisor David Sacks,
Following C. C. Wei, the chairman and CEO of TSMC, being invited to the White House to announce substantial investments in the US, questions have emerged regarding whether TSMC had previously received verbal approval from Taiwan's high-level government officials for this overseas expansion.
Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in chips plants in the U.S. over the next four years, a move President Donald Trump is set to announce at the White House later Monday,
The White House credited tariff threats for bringing investment to Arizona after Apple pledged $500 billion to invest in the U.S. - though Trump expressed doubts about federal support for the TSMC project - where production of Apple chips began last month - under President Biden.
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PCMag on MSNTSMC to Build 3 New US Fabs With $100 Billion InvestmentAfter Trump threatens to tariff foreign-made chips at 25%, TSMC CEO CC Wei makes an appearance at the White House today to promise bigger US investments.
Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.
TSMC’s $100 billion commitment is a big deal for tech stocks and U.S. chip security—unless the Trump administration follows through with chip tariffs.
Enforcing the tariffs on Taiwan would be difficult, and they wouldn’t necessarily be enough to meaningfully increase semiconductor manufacturing in the United States, experts told WIRED.
Taiwan is under constant threat of Chinese invasion—something that could become more likely now that America has its own supply of computer chip components.
Trump announced the semiconductor manufacturing investment but did not say if it would provide security for Taiwan.
Trump said TSMC’s plans would create “many thousands” of high-paying jobs and described the production of AI chips within the US as a “matter of economic security” for the country.
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