Taiwanese chip manufacturer TSMC plans to invest $100 billion in US chip manufacturing over the next four years, as confirmed by Donald Trump, aiming to boost domestic semiconductor production.
TSMC's expansion in the US will benefit tech giants like AMD, NVIDIA, Apple, and Broadcom, securing AI chip capacity and supply chains.
The investment acts as a strategic move in the US-China tech rivalry, strengthening the US AI ecosystem and countering the competitive threat from Chinese AI firms.
Despite market fluctuations, TSMC is considered undervalued, with a strong potential for growth, as reflected in the $100 billion investment.