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Chipmaker TSMC to invest $161b in US to appease Trump

Washington | Taiwan Semiconductor Manufacturing Co, the world’s top producer of artificial intelligence chips, plans to invest an additional $US100 billion ($161 billion) in US plants that will boost its output on American soil and support President Donald Trump’s goal of increasing domestic manufacturing.

TSMC chief executive C.C. Wei joined Trump at the White House on Monday (Tuesday AEDT) to unveil the company’s vision for expanding a US footprint that got its start in 2020 during the president’s first term in office.

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    Original URL: https://www.afr.com/world/north-america/chipmaker-tsmc-to-invest-161b-in-us-to-appease-trump-20250304-p5lgnu