World’s largest chipmaker TSMC to invest 100 billion USD in US
Pham Huan, VOV’s correspondent in the US -
(VOVWORLD) - Taiwan Semiconductor Manufacturing Company, the world’s top producer of AI chips, plans to invest a fresh 100 billion USD in the US.
 C. C. Wei, TSMC’s Chairman and Chief Executive Officer, speaks next to US President Donald Trump, Commerce Secretary Howard Lutnick and AI and crypto czar David Sacks at the White House on March 3, 2025 (Photo: Reuters) |
Following a meeting with President Donald Trump at the White House on Monday, TSMC’s CEO C. C. Wei said the money will be used to build advanced chip fabrication facilities in the next four years.
President Trump said, “This 100 billion USD in new investment will go to build five cutting-edge fabrication facilities in Arizona, and will create thousands of high-paying jobs and boost America’s dominance in artificial intelligence.”
“Semiconductors are the backbone of the 21st century economy, powering everything from AI to automobiles to advanced manufacturing. And we must be able to build the chips and semiconductors that we need right here, in American factories, with American skill and American labor,” Trump noted.
TSM’s investment fits the US's long-term goal of reviving its domestic semiconductor industry, which has seen a shift to Asian countries in recent years.
Pham Huan, VOV’s correspondent in the US