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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Taiwan has reported a sharp increase in Chinese military activity as Beijing concluded two days of war games around the island, intensifying tensions across the Taiwan Strait.
Hunter Biden has voluntarily surrendered his license to practice law in Washington, D.C., following criminal convictions that raised questions about his professional eligibility.
Within hours of Trump’s “Liberation Day” speech, a chorus of global voices began responding — some cautiously, others furiously. While the U.S. president promised to rebalance what he called “decades of economic exploitation,” world capitals began drawing their own red lines.
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Taiwan has reported a sharp increase in Chinese military activity as Beijing concluded two days of war games around the island, intensifying tensions across the Taiwan Strait.
Hunter Biden has voluntarily surrendered his license to practice law in Washington, D.C., following criminal convictions that raised questions about his professional eligibility.
Brazil has named automotive industry executive Dan Ioschpe as its official “climate champion” for the COP30 summit, to be held in Belém this November.
Within hours of Trump’s “Liberation Day” speech, a chorus of global voices began responding — some cautiously, others furiously. While the U.S. president promised to rebalance what he called “decades of economic exploitation,” world capitals began drawing their own red lines.
Standing in the White House Rose Garden, President Donald Trump declared what he called “Liberation Day”, announcing a raft of tariffs on U.S. trading partners — the most expansive use of trade powers in modern American history.
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