TSMC to invest $100 Billion in U.S. chip manufacturing, President Trump announces from The White House
Taiwan Semiconductor Manufacturing Company (TSMC) plans to invest at least $100 billion to expand its manufacturing operations in the United States, President Donald Trump announced from the White House.
The announcement was made alongside TSMC CEO C.C. Wei, Commerce Secretary Howard Lutnick, and White House AI and Crypto Czar David Sacks. The move is part of Trump’s broader push to boost American manufacturing and technological leadership.
“This is a tremendous move by the most powerful company in the world,” Trump said. “It’s a matter of economic security, and it’s also a matter of national security for us.” He added that the investment would help TSMC diversify its operations beyond Taiwan.
The investment will support the construction of five advanced chipmaking facilities in Arizona and is expected to create thousands of jobs. TSMC, the world’s largest semiconductor manufacturer, produces chips that power everything from iPhones and AI systems to cars and medical devices.
The move aligns with U.S. efforts to expand its role in global semiconductor manufacturing and maintain a competitive edge over China in AI development.
This new commitment builds on TSMC’s ongoing expansion in the U.S., which includes two Arizona factories—one of which began producing chips for Apple in January. Monday’s announcement brings TSMC’s total U.S. investments to approximately $165 billion, according to Trump.
TSMC is just the latest major tech company to pledge massive investments in U.S. infrastructure. Last week, Apple announced a $500 billion plan to expand its manufacturing and facilities across the country. In January, Oracle, OpenAI, and SoftBank revealed plans to launch a new company, Stargate, with a $500 billion investment aimed at developing AI infrastructure in the U.S.
Russian air strikes injured 13 and damaged buildings in the Ukrainian capital of Kyiv and in the Black Sea port ci...
U.S. President Donald Trump said on Wednesday he hoped the war against Iran was nearing its end, saying Tehran wanted to reach a deal as the c...
Representatives of the diplomatic corps accredited in Azerbaijan have concluded a two-day visit to Garabagh and Eastern Zangezur, touring key cultu...
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A Danish military helicopter came within “metres” of being struck by flares fired by a Russian warship, Denmark's Defence Minister Jeppe Bruus said on Tuesday. Russia accused Denmark of carrying out “dangerous manoeuvres” near its ship, and said it was investigating the incident.
Saudi Arabia said its air defences destroyed a Houthi drone south of Mecca before it could enter prohibited airspace over the holy city, as attacks by the Iran-aligned group deepen regional tensions.
Ukrainian President Volodymyr Zelenskyy said that Ukraine was carrying out tests on a new weapon to intercept drones and had recorded a successful hit overnight.
European Commission President Ursula von der Leyen is outlining the EU's priorities in her annual State of the Union address, covering security, support for Ukraine, trade with China, migration, climate and artificial intelligence.
Russian air strikes injured 13 and damaged buildings in the Ukrainian capital of Kyiv and in the Black Sea port city of Odesa in the early hours of Thursday, officials said on the Telegram messaging app.
A top Democrat on the U.S. House Foreign Affairs Committee said on Wednesday he would not approve the Trump administration’s proposed $2.8 billion sale of thousands of heavy bombs to Israel, citing concerns over civilian protection and international law.
Poland has urged the European Union to accelerate action against Meta after a new report estimated the technology giant could have earned around $199 million (760 million zlotys) from fraudulent advertisements in the country over a year.
Israel and Morocco have agreed to upgrade their diplomatic relations, turn their existing missions into full embassies and appoint ambassadors, marking a further expansion of ties restored under the U.S.-brokered Abraham Accords.
China has officially opened the Pinglu Canal, a $10.75 billion waterway giving the country's landlocked southwest a shorter, direct route to the sea and Southeast Asian markets.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment