Taiwan Semiconductor Manufacturing Company (TSMC) has announced plans to invest $100 billion in building semiconductor factories in the USA, supporting local chip production and job creation.
Expansion and Investment Details
TSMC plans to construct three fabrication plants, two advanced packaging facilities, and a major research center. The new facilities will increase the company's total U.S. investment to $165 billion. President Donald Trump and TSMC Chairman C.C. Wei confirmed the plan to enhance domestic semiconductor production.
Job Creation and Economic Outlook
The expansion is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-tech manufacturing and research positions. Local officials anticipate improved infrastructure and increased economic activity in surrounding areas.
Industry Operations and Future Plans
The company already has plants in Arizona, Washington, Texas, and California. The Arizona facility produces chips for major clients like Apple and NVIDIA. The expansion seeks to integrate advanced semiconductor manufacturing into the U.S. supply chain.
These initiatives will strengthen the U.S. technology sector and meet growing market demand. The strategy involves close coordination with local partners and technology firms.
