Taiwanese chipmaker TSMC plans to invest an additional $100 billion in its Arizona facility, chairman C.C. Wei announced Thursday, according to Insider Paper. The investment is part of a broader US push to boost domestic semiconductor manufacturing.
Taiwanese chipmaker TSMC will invest an additional $100 billion in its Arizona operations, chairman C.C. Wei announced Thursday, according to Insider Paper. The investment would significantly expand the company's existing presence in the state, which began with a $12 billion facility announced in 2020. The move comes amid US government incentives and tariffs aimed at reshoring semiconductor manufacturing. The Zioneer has previously reported on related developments: President Trump's statement on returning chip production to the US (July 3), Micron's $3 billion investment (July 9), and Toyota's $3.6 billion investment in Texas (July 7). The TSMC announcement represents one of the largest foreign direct investments in US history. Details on timelines and employment targets are not yet available.
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