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TSMC to Invest $100 Billion in U.S. Chip Production

3/3/2025

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Story summary
  • Taiwan Semiconductor Manufacturing Co. (TSMC) will invest $100 billion in U.S. chip production over four years in Arizona.
  • CEO C.C. Wei will unveil the plans with President Trump.
  • This investment seeks to decrease U.S. dependence on Asian semiconductor manufacturing.
  • The initiative aligns with the CHIPS Act, which encourages domestic semiconductor production due to Taiwan's security concerns.