Donald Trump announces Taiwan Semiconductor Manufacturing Company’s $100 billion investment in the US

President Donald Trump announced that Taiwan Semiconductor Manufacturing Company (TSMC) will invest $100 billion in the United States.

Taiwan Semiconductor Manufacturing Company's latest investment will add to its existing $65 billion commitments and will be used to build five state-of-the-art fabrication facilities, Trump announced at a White House event alongside TSMC CEO C.C. Wei.

The move marks one of the largest foreign investments in American semiconductor manufacturing and is expected to strengthen the US position in the global chip industry.

Production of 4-Nanometer chips

TSMC, the world's largest semiconductor manufacturer, has commenced mass production at its first Arizona-based facility. The company, known for producing chips for major tech companies such as Apple, Intel, and Nvidia, is making significant strides with this plant, which will produce advanced 4-nanometer chips.

Trump's remarks on economic security

Trump, who was present alongside TSMC CEO C. C. Wei at the White House, praised the investment as “a tremendous move” and emphasized the importance of semiconductor manufacturing for the US economy.

“Semiconductors are the backbone of the 21st century economy,” Trump stated. “And really, without the semiconductors, there is no economy. Powering everything from AI to automobiles to advanced manufacturing, we must be able to build the chips and semiconductors that we need right here in American factories with Americans’ skill and American labor.”

Expansion plans and job creation

TSMC's investment will include three more semiconductor manufacturing plants, in addition to two packaging facilities, in Arizona. This expansion is expected to create thousands of high-paying jobs, with TSMC CEO C. C. Wei highlighting the economic impact of the move.

“This $165 billion investment is going to create thousands of high-paying jobs,” Wei said, signaling the company's commitment to bolstering US manufacturing and employment.

Trump's comments on US-China relations

When asked if the new investment would reduce the potential impact on the US economy if China were to isolate or seize Taiwan, Trump responded cautiously. While he acknowledged the significance of the move, he made clear the event would still be “catastrophic.”

“That would be a catastrophic event obviously,” Trump said. “It will at least give us a position where we have, in this very, very important business, we would have a very big part of it in the United States.”

Trump did not comment directly on whether the investment would provide security for Taiwan, the self-governed island that Beijing claims as part of its territory.

Taiwan’s positive response to investment

The Taipei Economic and Cultural Representative Office (TECRO) in Washington expressed its approval of Taiwanese investments in the US. As TSMC ramps up its operations in Arizona, TECRO highlighted that Taiwanese businesses now account for over 40% of Taiwan's total foreign investments.

“We are glad to see Taiwanese businesses expand investments in the U.S. and deepen cooperation on supply chains,” TECRO said in a statement. “It also brings the economic and trade relations closer.”