TSMC pledges to spend $100B on US chip facilities

AI Analysis

By TSMC:In a significant move, Taiwanese chipmaker TSMC has announced its intention to invest at least $100 billion in the United States over the next four years. This expansion plan aims to bolster the company's network of semiconductor factories and further diversify its global manufacturing footprint.The investment is seen as a major coup for President Donald Trump, who unveiled the news during a press conference on Monday. The move is also expected to have far-reaching implications for the US economy and the broader tech industry.TSMC's decision marks a significant shift in the company's strategy, as it seeks to establish a more substantial presence in the United States. The details of the investment plan are yet to be disclosed, but analysts predict it will create thousands of new jobs and stimulate economic growth in targeted regions.

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Original Article

Chipmaker TSMC said that it aims to invest “at least” $100 billion in chip manufacturing plants in the U.S. over the next four years as part of an effort to expand the company’s network of semiconductor factories. President Donald Trump announced the news during a press conference Monday. Trump said that the new cash will […]

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