President Donald Trump on Monday announced that Taiwan Semiconductor Manufacturing Co. will make an additional $100 billion investment in its U.S. advanced chip manufacturing operations, bringing TSMC’s total American investments to approximately $165 billion.
“This will create hundreds of billions of dollars in economic activity and boost America’s dominance in artificial intelligence and beyond,” Trump said Monday at the White House.
The president joined TSMC Chairman and CEO C.C. Wei during the announcement.
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Expansion Plans
Wei said the $100 billion investment will fund the construction of three new fabrication plants, two advanced packaging facilities and a research and development center in Arizona.
“It’s going to create thousands of high-paying jobs … We are going to produce many chips to support AI’s progress and to support the smartphone’s progress,” the Taiwan-based company’s chief executive said during the announcement.
The latest investment builds on TSMC’s ongoing $65 billion investment in its semiconductor manufacturing operations in Phoenix, Arizona.
TSMC said Tuesday it expects the expanded investment to generate tens of thousands of high-tech jobs in R&D and advanced chip manufacturing and support 40,000 construction jobs in Arizona over the next four years.
The announcement reflects TSMC’s commitment to supporting U.S. customers, including Apple, NVIDIA, AMD, Qualcomm and Broadcom.
Arizona Fab
TSMC’s Phoenix-based chip manufacturing plant operates with more than 3,000 employees and has been in the volume production phase since late 2024.
In addition to its Arizona site, the company runs a fab in Washington and design service centers in Texas and California.
Other Investments to Advance AI
In January, OpenAI, SoftBank and Oracle announced plans to invest up to $500 billion over the next four years in Stargate, a new joint venture tasked with establishing a new AI infrastructure to advance U.S. leadership in the technology and create hundreds of thousands of jobs in the country.
Register here to join the Potomac Officers Club’s 2025 Artificial Intelligence Summit on March 20, to hear more about cutting-edge AI innovations from industry and government experts.
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