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The Independent UK
The Independent UK
National
Didi Tang and Michelle L. Price

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

Trump - (Copyright 2025 The Associated Press. All rights reserved)

Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest a $100 billion in the United States, President Donald Trump announced Monday as he appeared with the company's head at the White House.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. The company had already announced plans to invest more than $65 billion in the U.S., including three plants in Arizona after the Biden administration offered billions in subsidies. Its first factory in Arizona has started mass production of its 4-nanometer chips.

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