TSMC's $100 Billion Commitment to U.S. Chip Manufacturing Plants

TSMC's Major Investment Announcement
Taiwan Semiconductor Manufacturing Company (TSMC) plans to unveil a $100 billion investment in U.S. chip manufacturing plants on Monday, as confirmed by the White House.
The multibillion-dollar investment, first reported by The Wall Street Journal, is scheduled to unfold over the coming four years. TSMC CEO C.C. Wei will meet with White House officials to discuss opportunities for innovation and collaboration in the semiconductor industry.
Background and Ongoing Commitments
- In 2020, TSMC began its journey to establish advanced chip manufacturing in the U.S. due to support from former President Trump.
- TSMC has already invested over $65 billion in constructing fabs in Arizona, with the first factory beginning production in late 2022.
- This investment aligns with similar commitments from tech giants, including Apple’s recent announcement of a $500 billion investment and job creation in the U.S.
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