As envisioned, the spending marks one of the largest outlays by a foreign firm in US manufacturing. The spending adds to US$65 billion in planned TSMC investments in the US and would eventually bring its American presence to a half-dozen plants for advanced wafer fabrication and a couple more for advanced packaging.
Taiwan Semiconductor Manufacturing Co., the world’s top producer of AI chips, plans to invest an additional US$100 billion ($143.63 billion) in US plants that will boost its chip output on American soil and support President Donald Trump’s goal of increasing domestic manufacturing.
TSMC Chief Executive Officer C.C. Wei joined Trump at the White House to unveil the company’s vision for expanding a US footprint that got its start in 2020 during the president’s first term. Trump said the move means “the most powerful AI chips in the world will be made right here in America.”
