BARCELONA, Spain/PALO ALTO, California -- The world's top chipmaker, Taiwan Semiconductor Manufacturing Co., will invest at least an additional $100 billion for new chipmaking facilities and packaging plants in America, U.S. President Donald Trump announced on Monday, in a bid to onshore vital AI chip production.
Semiconductors
TSMC announces $100bn investment for 5 new U.S. chip plants
Trump says chipmaker's move will allow it to avoid tariffs
Before its March 3 announcement, Taiwan Semiconductor Manufacturing Co. had already committed $65 billion to build fab facilities in Arizona. © Reuters
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