In the White House, President Donald Trump announced that Taiwan Semiconductor Manufacturing Company (TSMC) will invest at least $ 100 billion in the US. UU. To build semiconductor manufacturing facilities.
Trump joined the Secretary of Commerce Howard Lutnick and CC Wei, the company’s CEO, while talking in the Roosevelt room.
“The most powerful the world’s chips will be done here in the United States, and it will be a large percentage of the chips made by their company,” Trump said. The president said that the investment will go to the construction of five facilities in Arizona that said it would create thousands of jobs.
President Donald Trump makes an announcement on an investment of the Taiwan semiconductor manufacturing company flanked by CC Wei, president and CEO of TSMC and the Secretary of Commerce Howard Lutnick in the White House in Washington, on March 3, 2025.
Leah Millis/Reuters
Wei said that today’s announcement carries TSMC’s total investment in the United States to $ 165 billion.
“We are pleased to have the opportunity to meet with the president and we hope to discuss our shared vision of innovation and growth in the semiconductor industry, as well as explore ways to reinforce the technology sector together with our clients,” TSMC said in a statement to ABC News.
