Mon Mar 03 21:10:23 UTC 2025: **Trump Announces Massive TSMC Investment in US Chip Manufacturing**
**Washington, D.C.** – Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, announced a staggering $100 billion investment in the United States on Monday. The plan, unveiled during a White House meeting with President Donald Trump, includes the construction of five new semiconductor fabrication plants (fabs) over the coming years.
This latest commitment significantly expands TSMC’s existing US presence, building on a previous $65 billion investment for a facility in Arizona. The new investment aims to bolster domestic chip production and reduce US reliance on Asian manufacturers, a key national security concern highlighted by President Trump.
“We must be able to build the chips and semiconductors that we need right here,” Trump stated, emphasizing the national security implications of the plan.
The announcement comes amidst a broader effort to revitalize US semiconductor manufacturing. While the Biden administration’s $280 billion CHIPS and Science Act aimed to incentivize domestic chip production through subsidies, Trump has taken a different approach, favoring tariffs and emphasizing the economic benefits of investment without federal incentives. He has hosted numerous business leaders at the White House to highlight investment commitments as evidence of his administration’s economic success. This includes a $500 billion investment pledge from Apple and multi-billion dollar commitments from other major players.
While Trump has criticized the CHIPS Act and his Commerce Secretary has expressed reservations about already-approved grants, TSMC’s massive investment underscores the growing interest in establishing a robust US semiconductor industry. The company expressed eagerness to collaborate with the US on future technological advancements. The long-term impact of this investment on the US economy and its technological independence remains to be seen.
First Piper 