Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

Taiwan Semiconductor Announces a $100 Billion U.S. Investment. Is The Stock a Buy? @themotleyfool #stocks $TSM

Trump announces Taiwan Semiconductor Manufacturing Company to invest $100 billion in US manufacturing

The generally law-abiding TSMC did not even submit the investment plan to Taiwan’s Ministry of Economic Affairs for assessment and approval, as it had previously done. In other words, the announcement was made unilaterally by the Trump administration.

The US wants to limit the export of modern computer chips. The Security Policy Commission of the National Council calls on the Federal Council to act.

TSMC turning into USMC? Taiwan netizens criticize DPP for selling out the island as TSMC announces $100b investment in US

Taiwan Semiconductor Manufacturing Co (TSMC) plans to make a fresh $100 billion investment in the US including the construction of five additional chip facilities in the country in coming years, its CEO announced with US President Donald Trump on Monday, sparking backlash in the island of Taiwan, with critics claiming TSMC “has become USMC,” calling the move “yet another example of the Democratic Progress Party (DPP) selling out Taiwan.”

TSMC will continue to manufacture most advanced chips domestically for a long time, although it is also announcing investments in the US.

Trump Secures $100B TSMC Investment, Creating 25,000 American Manufacturing Jobs

The American manufacturing sector has faced decades of decline. Factories closed. Jobs disappeared. Communities hollowed out across the heartland. I’ve seen it firsthand in towns... The post Trump Secures $100B TSMC Investment, Creating 25,000 American Manufacturing Jobs appeared first on Patriot Journal.