TSMC, the world's biggest chipmaker, has reportedly just announced it plans to invest another $100 billion in the US (via AP News) to expand its chip production in the country. 'Another', that is, on top of the $100 billion the company committed to last year.
That previous $100 billion was in addition to the $65 billion that TSMC had already said it planned to put into the US. Last year's $100 billion pledge was, according to President Trump, at his rather unsubtle behest: "All I did is say if you don't build your plant here you're gonna pay a big tax... 25, maybe 50, maybe 75, maybe 100%." This, of course, was in the wake of the US doing the hokey cokey with various tariffs.
