Core Viewpoint - TSMC plans to announce a $100 billion investment in the U.S. to build additional chip factories, which is part of a broader strategy to enhance semiconductor production domestically [1][2]. Investment Plans - TSMC's new $100 billion investment is in addition to a previously announced increase of $25 billion, bringing the total planned U.S. investment to $65 billion, which includes the construction of a third factory in Arizona by 2030 [2]. - The company is expected to discuss its vision for innovation and growth in the semiconductor industry during the meeting with President Trump [3]. Government Support - The U.S. Commerce Department provided a $6.6 billion subsidy for TSMC's semiconductor production in Phoenix, finalized under the Biden administration [3][5]. - The CHIPS and Science Act, signed by Biden in 2022, allocated $52.7 billion in subsidies to boost domestic semiconductor production and reduce reliance on Asian imports [3][4]. Technological Advancements - TSMC is set to produce advanced 2-nanometer technology at its second Arizona factory, expected to begin production in 2028, and is already manufacturing four-nanometer chips for U.S. customers [7]. - The company has also received up to $5 billion in low-cost government loans as part of its investment strategy [7].
Taiwanese chip giant TSMC to reveal $100B US investment plan: report