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.
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Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
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A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
Bosnia and Herzegovina’s Serb entity, Republika Srpska (RS), adopted a new draft constitution, along with a law on protecting the constitutional order. The legislation expands RS's decision-making powers, challenging the authority of the country’s central government.
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A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
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