TSMC to Spend $100B to Expand Chip Manufacturing in US, Trump Announces.
TSMC, the world's biggest semiconductor manufacturer, plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced. The investment will be for three more chip manufacturing plants, along with two packaging facilities, in Arizona. This move aims to restore American dominance in the global semiconductor market and create thousands of high-paying jobs.
- The scale of this investment raises questions about the implications of TSMC's shift towards US-based production on the country's already competitive electronics industry.
- How will the increased presence of a major foreign-owned company in the US affect the nation's ability to defend its own technological interests, particularly in the face of growing global competition?