Trump Welcomes $100 Billion TSMC Investment Amid AI Hub Efforts

US President Donald Trump has announced a major investment from Taiwan Semiconductor Manufacturing (TSMC), with the company committing $100 billion to bolster chip manufacturing in the US. The new capital brings TSMC’s total investment in the country to $165 billion, supporting the administration’s efforts to make the US an artificial intelligence hub.

The announcement comes as part of Trump’s ongoing push to bring semiconductor production back to the US, with economic and national security implications. TSMC has already made significant strides in expanding its US presence, including a $12 billion investment in Arizona last year. The company’s finance chief expressed confidence in the new administration continuing to support its US ambitions.

The investment will go towards building five new fabrication facilities in Arizona, as part of a broader effort to advance semiconductor production in the country. This move is seen as a significant boost to the US AI industry, with major companies like Nvidia relying on TSMC’s global manufacturing network for supply.

Source: https://www.cnbc.com/2025/03/03/tsmc-to-announce-100-billion-investment-in-us-chip-plants.html