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

  • Taiwan Semiconductor Manufacturing Company plans to invest $100 billion in the United States, according to a person familiar with the plans who was not authorized to speak publicly.
  • TSMC has previously announced an investment of over $65 billion for three plants in Arizona, following subsidies from the Biden administration.
  • C.C. Wei, TSMC's chief executive, is set to meet with Trump to discuss the investment, confirming TSMC's efforts in U.S. Manufacturing capacity.
  • The investment aims to enhance U.S. Chip manufacturing and follows TSMC's prior announcement of a $12 billion facility in Arizona.
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Israel Hayom broke the news in Israel on Monday, March 3, 2025.
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