Trump Announces $100 Billion TSMC Investment in U.S. Chip Manufacturing
In a massive win for U.S. manufacturing, TSMC announced a historic $100 billion investment to build five chip fabrication facilities in Arizona. The Taiwanese semiconductor giant made the announcement during its first U.S. board meeting, with President Trump and CEO C.C. Wei sharing the stage. The investment, backed by $1.5 billion in government support, will create 3,000 jobs and produce advanced 2-nanometer chips. This unprecedented move signals major shifts in global tech manufacturing dominance.
Semiconductor giant TSMC released a bombshell at the White House yesterday, announcing a staggering $100 billion investment in U.S. chip manufacturing. The announcement, made during TSMC’s first-ever U.S. board meeting, marks the largest foreign direct investment in American history. Talk about making a splash.
President Trump and TSMC CEO C.C. Wei shared the stage in the Roosevelt Room, with Commerce Secretary Howard Lutnick beaming in the background. Wei, clearly pleased with himself, credited Trump’s “vision and support” for the massive investment. The deal includes five new cutting-edge fabrication facilities in Arizona, bringing TSMC’s total U.S. investment to a mind-boggling $165 billion. Trump declared TSMC as the most powerful company in the world during the announcement. The company’s commitment includes producing 2-nanometer chips in these new facilities.
The timing couldn’t be better. TSMC’s first Arizona factory is already churning out chips, with 3,000 workers collecting paychecks. And they’re not done yet. The company’s plotting an R&D center in Arizona – their first outside Taiwan. Not too shabby for a company that makes chips for 90% of the world’s fanciest gadgets. The company’s initial $12 billion investment in 2020 paved the way for this historic expansion.
TSMC’s Arizona expansion is in full swing, churning out chips and creating jobs while planning its first overseas R&D center.
Apple’s Tim Cook jumped on the bandwagon, announcing a $500 billion U.S. investment plan. The tech giant will be the biggest customer of TSMC’s Arizona operation, joined by heavy hitters like Qualcomm, Nvidia, and AMD. These chips aren’t just for smartphones – they’re the backbone of AI and pretty much everything else that matters in modern tech. Trump’s administration views this development as crucial for security, aligning with their emphasis on economic and national defense priorities.
The deal builds on TSMC’s earlier $65 billion commitment under the CHIPS Act, which already netted them a cool $1.5 billion in government support. But here’s the kicker – Commerce Secretary Lutnick hinted that avoiding potential tariffs on foreign-made chips might have sweetened the pot for TSMC’s stateside expansion.
This isn’t just about making money. With Taiwan’s geopolitical situation getting dicier by the day, spreading out TSMC’s manufacturing footprint makes perfect sense. Taiwan’s President got the memo, promising to boost both investment and defense spending.
Meanwhile, TSMC’s expanding globally, with projects in Japan and Germany. The investment is part of nearly $2 trillion in U.S.-based investments secured under Trump’s watch. It’s a massive win for American chip-making capabilities and national security.
Because let’s face it – in today’s world, whoever controls the chips controls the game. And now, America’s got a lot more skin in that game.
