Taiwan Semiconductor Manufacturing Co. (TSMC), the largest chip manufacturer globally, is set to announce a monumental investment of $100 billion in the United States over the next four years, particularly focusing on expanding its facilities in Arizona. This move aims to enhance the country’s domestic production of semiconductors and reduce dependency on Asian manufacturers. The announcement aligns with ongoing efforts, initiated during past administrations, to bolster U.S. manufacturing capabilities. TSMC previously committed to investing $65 billion under the CHIPS Act, highlighting the urgency for advanced semiconductor processes in the face of geopolitical pressures.
Taiwan Semiconductor Manufacturing Co. plans a $100 billion investment in Arizona to expand U.S. chip production, addressing domestic manufacturing and global supply chain concerns.
C.C. Wei, TSMC's CEO, is set to announce plans with President Trump, indicating a significant commitment to increasing semiconductor capacity in the U.S.
The U.S. aims to reduce reliance on Asian semiconductor manufacturing, a push that has received bipartisan support through the recent CHIPS Act.
Previous administrations have expressed concerns over U.S. access to advanced chips as TSMC has focused production in Taiwan amidst geopolitical tensions.
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