TSMC's CEO reaffirmed the company's commitment to invest $100 billion in expanding manufacturing in Arizona over the next five years.
CEO Wei highlighted discussions with President Trump, mentioning challenges in completing the Arizona buildout within the set timeframe due to labor shortages and construction requirements.
Trump expressed support, telling TSMC to 'do your best.' TSMC's overseas expansion aligns with rising geopolitical tensions and increasing demand for chips from Nvidia and Apple.
TSMC is a key player in the technology supply chain, producing cutting-edge chips for Apple's products and Nvidia's AI servers. The company recently broke ground on its third fab facility in Arizona, marking its continued expansion in the US.