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 netw...
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Summary
TSMC, a leading chipmaker, has announced its intention to invest at least $100 billion in new semiconductor factories in the US over the next four years. This significant investment is part of the company's efforts to expand its network of factories globally.The move is seen as a major step towards diversifying TSMC's production capacity away from Asia, where the majority of its operations are currently based.
The company has not specified which locations in the US will be targeted for the new investments.The implications of this development are far-reaching, with potential impacts on both the US economy and the global semiconductor market.