Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest chipmaker, has announced a substantial $100 billion investment to expand its manufacturing footprint in the U.S. This includes building two additional chip factories in Phoenix, Arizona, following a prior commitment of $65 billion for three factories. The new facilities are expected to produce more advanced chips, with projections for 2nm technology by the end of the decade. This move comes amid increased scrutiny and tariffs on semiconductors, aligning with broader industry trends and government initiatives under the Biden administration's CHIPS Act.
"We are producing the most advanced chip made on US soil with the success of our first plant," TSMC CEO C.C. Wei said during the press conference. "We're going to create thousands of high-paying jobs... and produce many AI chips."
Last year, TSMC pushed back the timeline for its second Arizona plant, saying it will open in 2027 or 2028 instead of 2026.
The $100 billion investment builds upon the $65 billion TSMC has already committed to building three Arizona factories, as well as the $6.6 billion the Biden administration awarded to TSMC under the CHIPS Act.
The timing isn't a coincidence, as President Trump has said he will introduce tariffs on semiconductors and other goods as soon as April.
Collection
[
|
...
]