Taiwan Semiconductor Manufacturing Company (TSMC) plans to invest an additional $100 billion in US chip manufacturing, after previously announcing a $65 billion plan along with President Donald Trump.
The new investment will fund three new fabrication plants, two advanced packaging facilities, and a major R&D center in Arizona, solidifying the project as the largest single foreign direct investment in US history.
TSMC aims to increase manufacturing capacity and establish the company's first US advanced packaging investments, completing the domestic AI supply chain.
The initiative aligns with efforts to reduce reliance on Asian-made semiconductors and address supply chain vulnerabilities exposed during the pandemic.