What TSMC's $165 billion investment in the US may mean for the chip industry
Briefly

During a White House press conference, TSMC unveiled plans to invest $165 billion in the US to bolster semiconductor manufacturing. This historic investment aims to create advanced technologies, particularly for AI chip production, and will generate tens of thousands of high-tech jobs. TSMC plans to establish multiple factories, adding to its existing facility in Phoenix. The investment comes at a time when Intel is facing challenges, emphasizing TSMC's vital role in the future of AI and advanced semiconductor manufacturing in the US market.
During a press conference at the White House, TSMC announced a historic $165 billion investment in US semiconductor manufacturing, aiming to advance AI chip production.
Trump declared that with TSMC's expansion, the most powerful AI chips will be produced in America, highlighting the significance of this investment for the tech sector.
TSMC expects to create hundreds of billions in semiconductor value and support tens of thousands of high-paying jobs over the next four years with the expansion.
With plans for three additional factories and an R&D center in the US, TSMC aims to reinforce its position as a leading chip supplier globally.
Read at ZDNET
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