In brief
Chipmaker TSMC is investing an additional $100bn in Arizona, bringing its total U.S. commitment to $265bn and paving the way for four new fabs. The move will produce tens of thousands of high‑paying jobs and reflects President Trump’s push for domestic semiconductor manufacturing. TSMC’s chips power top brands like Nvidia and Apple, which fuels the demand for advanced silicon. The extra investment follows a recent trade deal with Taiwan that cut tariffs to 15%.
TSMC to Pour $100bn Into Arizona, Building 4 New Chip Plants
Taiwan’s top chipmaker TSMC has just announced that it will spend another $100bn to expand production in Arizona. The new investment brings the company’s total U.S. spend to $265bn and will likely result in four new fabrication plants.
The move is a boost for President Trump’s plan to bring advanced manufacturing back to America after the Covid‑19 pandemic exposed global supply‑chain risks. Japanese car makers, smartphones, and AI data centres will all benefit from a stronger domestic chip supply.
TSMC’s revenue rose 77% in the last quarter, with profit jumping to $22bn from $12.4bn a year earlier. The company makes cutting‑edge chips for big names like Nvidia and Apple, making it Asia’s most valuable firm and helping it reach a $2 trillion market valuation.
“The investment will help develop the U.S. semiconductor ecosystem, strengthen supply chains and create high‑paying tech jobs,” CEO CC Wei said. The 15% tariff cut on goods from Taiwan, part of a trade deal at the start of 2024, was a key incentive for the expansion.
Reuters reports that the new plants will join the eight already planned or underway in Arizona, bringing the U.S. to a world‑leading manufacturing hub for next‑generation chips.
