Chip giant TSMC expected to announce $100B investment in US
Fox Business·2025-03-03 17:51

Investment Announcement - Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to announce a $100 billion investment focused on advanced semiconductor manufacturing facilities over the next four years [1] - This announcement follows meetings with President Donald Trump [1] Previous Investments - TSMC has previously invested $12 billion in a chip factory in Arizona and announced an additional $25 billion investment to add a third factory by 2030, bringing the total investment in Arizona to $65 billion [2] - The company received up to $6.6 billion in grants from the CHIPS Act to support the Arizona facility and other federal funds aimed at enhancing domestic semiconductor manufacturing in the U.S. [2] Vision for the Future - TSMC expressed its intention to discuss shared visions for innovation and growth in the semiconductor industry and explore ways to strengthen the technology sector alongside its customers [3]