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Benzinga
Benzinga
Business
Ananya Gairola

Trump Says TSMC Will Invest $300 Billion In Arizona, Teases New Chip Tariffs To Boost US Manufacturing

Donald Trump TSMC United States Arizona MingChi Kuo NYSE Taiwan Semiconductor Manufacturing Co CC Wei Semiconductor Taiwan
TSMC. Photo by Sundry Photography on Shutterstock

On Tuesday, President Donald Trump indicated that Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) will invest $300 billion in Arizona as part of an effort to bring chip production back to the U.S.

Trump Asserts Record-Setting Investment, Teases Tariffs

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