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Major Apple supplier TSMC’s American expansion plans advance; CEO cites ‘warm’ talks with President Trump

  • 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.

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