TSMC Set to Announce $100 Billion Investment in U.S. Manufacturing

WASHINGTON — Taiwan Semiconductor Manufacturing Company (TSMC) is expected to unveil a landmark $100 billion investment plan in U.S. chip manufacturing later today, according to sources familiar with the matter. This announcement, anticipated during a meeting between TSMC CEO C.C. Wei and President Donald Trump, signifies a major step for the company in bolstering semiconductor production in the United States.

The massive investment aims to establish cutting-edge chip-making facilities across the U.S., aligning with the government’s longstanding objective of revitalizing the domestic semiconductor industry. Manufacturing has increasingly shifted to Asian nations over the past few decades, raising concerns over supply chain vulnerabilities and national security.

TSMC’s decision follows a series of expansions in their U.S. operations. Previously, the company pledged $6.6 billion in government subsidies for an existing facility in Phoenix, Arizona, a plan finalized by the Biden administration’s Commerce Department last November.

Adding to their commitment, TSMC announced an expansion of their Arizona facility’s capital spend from an initial $40 billion to approximately $65 billion, which includes plans to construct a third fabrication plant by 2030.

“Our partnership with the U.S. government is critical to strengthen supply chains and ensure a robust technological future,” Wei remarked ahead of the announcement. “Investing in American manufacturing is not only pivotal for TSMC but for the entire technology ecosystem.”

The anticipated announcement reflects a growing trend among global semiconductor manufacturers who are placing increased emphasis on domestic production in response to heightened competition and geopolitical tensions. In addition to TSMC, other companies are also responding to calls for greater local production capabilities.

The investment not only underscores the U.S. government’s desire for self-sufficiency in semiconductor manufacturing but also demonstrates a commitment to leading advancements in chip technology. As semiconductors play an integral role in numerous applications, including personal electronics and telecommunications, revitalizing manufacturing capabilities is essential for maintaining technological leadership and economic stability.

As discussions continue around the national strategy for semiconductor manufacturing, attention now turns to how TSMC’s investment will be integrated into the broader landscape of U.S. manufacturing and technology policy.