Taiwan Semiconductor Manufacturing Company (TSMC) plans to spend $100 billion on expanding its production capacity in the US over four years, unveiling the investment and production plans at the White House with President Trump. The move comes after years of effort to boost domestic semiconductor manufacturing, driven by the Biden administration’s CHIPS Act. This bipartisan bill aims to reduce reliance on Asia for key electronics used in cars, iPads, and other devices.
Source: https://www.nytimes.com/2025/03/03/technology/tsmc-investment-trump.html