### TSMC to Invest Additional $100 Billion in U.S. Chip Manufacturing
Taiwan Semiconductor Manufacturing Co. (TSMC) has announced plans to invest an additional $100 billion in U.S. chip production, expanding its commitment to building more factories in the country over the coming years. This latest capital injection increases the company’s total U.S. investment to $165 billion, building upon its previous $65-billion pledge to establish three semiconductor plants in Arizona.
### Presidential Endorsement
At a press conference on Monday, President Donald Trump hailed TSMC’s decision as a “tremendous move by the most powerful company in the world,” according to reports from CNBC. TSMC, a key supplier to major tech players like Nvidia and Apple, plays a pivotal role in advancing artificial intelligence technology.
### Boosting U.S. AI and Chip Capabilities
The additional investment aligns with the Trump administration’s broader push to establish the U.S. as a global leader in artificial intelligence. Last month, Trump announced a multibillion-dollar AI infrastructure initiative in collaboration with Oracle, OpenAI, and SoftBank.
During the news conference, TSMC stated that it looks forward to “discussing our shared vision for innovation and growth in the semiconductor industry, as well as exploring ways to bolster the technology sector along with our customers.”
This announcement marks yet another significant step in strengthening domestic semiconductor manufacturing and enhancing the U.S.’s technological infrastructure.
