Taiwan Semiconductor Manufacturing Company (TSMC) is set to reveal a significant investment strategy amounting to $100 billion aimed at enhancing chip manufacturing capabilities in the United States over the next three years. This announcement is anticipated during a meeting between TSMC’s Chairman Mark Liu and former President Donald Trump, signaling a major potential shift in the semiconductor manufacturing landscape, particularly amidst ongoing supply chain challenges. TSMC is recognized as a leader in advanced semiconductors, and this investment underscores the company’s commitment to expanding its production footprint in stronger semiconductor hubs. Liu expressed the importance of the U.S. market, stating, “We want to be closer to our customers and to ensure that we can meet growing demand effectively.” This venture is also viewed as a strategic response to increasing competition from other major players in the semiconductor space as well as geopolitics affecting supply chains. With heightened concerns around national security and self-sufficiency in semiconductor supply, this initiative could be pivotal for the future of technology manufacturing in the U.S.
TSMC Plans $100 Billion Investment in U.S. Chip Manufacturing
