Trump, Taiwanese chipmaker announce new $100 billion plan to build five new US factories
WASHINGTON — Chip giant Taiwan Semiconductor Manufacturing Co. announced on Monday plans to make an additional $100 billion investment in the United States and build five additional chips factories in the coming years. TSMC CEO C.C. Wei announced the plan in a meeting at the White House with President Donald Trump. “We must be able to build the chips and semiconductors that we need right here,” Trump said. “It’s a matter of national security for us.” TSMC, the world’s largest contract chipmaker, is a leading supplier to major U.S. hardware manufacturers. The $100 billion outlay, which would boost domestic production andmore
Leave a comment