Tuesday, March 04, 2025

President Trump and TSMC announce $100 billion plan to build five new US factories

This is gigantic! This comes on top of recent, previous announcements by TSMC to invest in the US, especially Arizona.

However, could it also mean a takeover of Taiwan by the Communist Party of China is imminent or fears of it becoming larger?

"Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday. ...

TSMC said the expansion included plans for three new chip fabrication plants, two advanced packaging facilities and a major research and development centre. ...

follows news last April that TSMC aims to expand planned U.S. investment by $25 billion to $65 billion and add a third Arizona factory by 2030.
TSMC did not give a timeframe for any of its new investments, apart from saying the effort would add 40,000 construction jobs over the next four years.

Construction on its first Arizona plant was plagued by delays, with the company eventually starting chip production in 2024 at a higher cost than at its facilities in Taiwan. ..."

Trump and TSMC announce $100 billion plan to build five new US factories | Reuters

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