Taiwan Semiconductor Manufacturing Co. (TSMC) plans to invest $100 billion in U.S. manufacturing, as announced by President Donald Trump. TSMC CEO C.C. Wei revealed plans for two new facilities in Arizona, adding to three currently under construction. This investment raises TSMC’s total U.S. capital investment to $165 billion, creating thousands of jobs. The move supports Trump’s goal of enhancing U.S. manufacturing and reducing reliance on chip imports, emphasizing the critical role of semiconductors in the economy. TSMC’s expansion could also shift some advanced chip production to the U.S.

Source: https://www.supplychaindive.com/news/tsmc-invest-100-billion-us-trump-tariffs/741449/