Taiwan Semiconductor Manufacturing Co. (TSMC), the largest semiconductor manufacturer in the world, has announced a record investment of $100 billion to increase chip production in the United States. In a press conference, President Donald Trump confirmed that the funds will be used to build two new manufacturing plants in Phoenix, Arizona, in addition to the three already planned.
This announcement marks a significant expansion compared to the $65 billion the company has already committed to building the first three factories in Arizona. Furthermore, the U.S. government has supported the project with $6.6 billion in funding through the CHIPS Act, a program designed to strengthen the U.S. tech industry and reduce dependency on Asian manufacturers.
Goal: Advanced Chips and New Jobs
TSMC has already started producing 4-nanometer chips at its Arizona plant, and the future factories will be designed to produce 2-nanometer or more advanced chips by the end of the decade. This investment will not only enhance the U.S. competitiveness in the tech sector but also create thousands of well-paying jobs.
During the event, TSMC’s CEO, C.C. Wei, emphasized the importance of this project: “We are producing the most advanced chip ever made on U.S. soil with the success of our first plant. We will continue investing to create thousands of jobs and produce numerous chips dedicated to artificial intelligence.”
TSMC and Apple Accelerate Investments in the U.S.
TSMC’s announcement comes just days after Apple revealed plans to invest over $500 billion in the U.S. over the next four years. This plan also includes creating 20,000 new jobs and building a server manufacturing facility in Texas.
According to reports from the New York Times, the Trump administration reportedly encouraged TSMC to take over Intel’s struggling factories in the semiconductor production sector. This could represent a strategic turning point for the U.S. industry, aiming to strengthen the presence of leading tech companies within the country.
The TSMC investment and Apple’s plans are not coincidental. They are part of a broader political context marked by trade tensions and new protectionist measures. President Trump has announced that, starting in April 2025, tariffs will be imposed on semiconductors and other goods, particularly targeting imports from China.
