On March 3, 2025, President Donald Trump announced a significant investment initiative involving Taiwan Semiconductor Manufacturing Co. (TSMC). TSMC plans to invest an additional $100 billion to expand its chip manufacturing operations in the United States, specifically in Arizona. This investment adds to TSMC’s previous commitment of $65 billion, bringing their total U.S. investment to $165 billion. The expansion includes the construction of two additional chip plants and a packaging operation, complementing the three existing plants in Arizona.
This move aims to diversify TSMC’s manufacturing footprint outside Taiwan amid rising political tensions with China. The investment is part of a broader trend of significant investments by major tech companies in U.S. manufacturing.
President Trump emphasized the economic benefits of such investments and criticized the CHIPS and Science Act, favoring high tariffs on imported chips instead. He stated that the tariffs, intended to curb the influx of fentanyl and refocus trade, would commence as planned.
For more details, you can watch President Trump’s announcement belo