<ul><li>Taiwanese contract semiconductor manufacturer TSMC plans to invest an additional $100 billion in its US operations.</li><li>TSMC will build six new facilities in Arizona, including three chip fabrication plants, two advanced packaging plants and a major research and development centre.</li><li>The US government gave TSMC a $6.6 billion subsidy in November 2020, and the company's total US investment will now reach $165 billion.</li><li>TSMC's expansion is seen as a boost to national security as it brings chip manufacturing and innovation to the US.</li></ul>

TSMC To Spend $100bn On New US Plants

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