Trump Just Announced A $100 Billion Investment In The U.S. By TSMC

Former President Donald Trump revealed Monday that Taiwan Semiconductor Manufacturing Company (TSMC) will establish new semiconductor production facilities worth $100 billion throughout the United States. TSMC’s CEO C.C. Wei joined former President Donald Trump at the White House Roosevelt Room to deliver the news.

Trump announced that Taiwan Semiconductor would use $100 billion in new capital to construct advanced semiconductor plants in the United States during the next brief period. The facilities will primarily establish their base in Arizona, according to his statement, “I like it because I won it.”

This investment represents both a substantial economic growth opportunity for the United States and a strategic measure to enhance the American semiconductor supply chain. According to the Wall Street Journal, TSMC obtained $6.6 billion in funding through the Biden-era CHIPS and Science Act of 2022 before making its investment pledge. The company started building its initial U.S. plant in Arizona, but this new investment substantially increased its American footprint.

Throughout his presidency, Trump maintained his support for building more semiconductor facilities in the United States because he believed it would protect both economic stability and national defense. The former president proposed chip import tariffs that TSMC could bypass through U.S. manufacturing, according to Commerce Secretary Howard Lutnick, who attributed these tariffs to TSMC’s decision.

Modern technology depends on semiconductor chips because they enable the operation of smartphones and artificial intelligence systems. The Biden and Trump administrations have made U.S. chip manufacturing a top priority because Taiwan controls most of the global chip production industry. Trump declared semiconductors serve as the fundamental support structure for modern economic operations in the twenty-first century. The economy exists only because of semiconductors.