Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: One was killed, another injured in a raid by an Israeli drone on the city of Khiam in South Lebanon
London views possibility of setting fire to tanker in port of friendly country to Russia to damage port infrastructure, initiate an international probe: Moscow
One of London's scenarios involves setting up accident with 'undesirable' tanker in one of the bottlenecks of maritime communications: Russian foreign intelligence agency
London plans to organize major sabotage with tankers to declare transportation of Russian oil to international shipping: Russian foreign intelligence agency
UK intelligence agencies plan to use NATO allies to launch massive raid on 'Shadow Fleet': Russian foreign intelligence agency
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.

Trump, TSMC unveil $100bln plan to build five US factories

  • By Al Mayadeen English
  • Source: Agencies
  • 3 Mar 2025 23:21
3 Min Read

Announced during a White House meeting with US President Donald Trump, the $100 billion plan underscores efforts to boost domestic semiconductor production and reduce reliance on Asian supply chains.

Listen
  • x
  • This photo shows the icon of TSMC during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan, Friday, October 14, 2022. (AP)
    This photo shows the icon of TSMC during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan, on Friday, October 14, 2022. (AP)

Taiwan Semiconductor Manufacturing Co. (TSMC) CEO C.C. Wei revealed on Monday that the Taiwanese semiconductor giant plans to invest an additional $100 billion in the United States, constructing five more chip factories over the coming years.

The announcement was made during a meeting at the White House with US President Donald Trump. "We must be able to build the chips and semiconductors that we need right here," Trump stated. "It’s a matter of national security for us."

TSMC, the world’s largest contract chipmaker and a key supplier to major US tech companies, emphasized that this investment aims to enhance domestic semiconductor production, reducing reliance on Asian manufacturers. This latest commitment builds upon a previous expansion, in which TSMC agreed in April to increase its planned US investment by $25 billion—bringing the total to $65 billion—and to open a third factory in Arizona by 2030.

Following his re-election victory on November 5, largely driven by economic concerns, Trump has intensified efforts to attract investments into domestic industries to create jobs. The TSMC expansion aligns with similar recent pledges, including Apple’s announcement of a $500 billion investment over the next four years, and significant commitments from Emirati billionaire Hussain Sajwani and SoftBank.

Related News

Russia ends self-imposed ban on INF-class missile deployments

Trump threatens higher tariffs on India over 'Russian oil profit'

Driving the news

On Monday, TSMC reaffirmed its commitment to fostering innovation and growth in the semiconductor industry, stating it looks "forward to discussing our shared vision for innovation and growth in the semiconductor industry, as well as exploring ways to bolster the technology sector along with our customers."

Under the previous administration, the US Commerce Department, led by then-President Joe Biden, finalized a $6.6 billion government subsidy in November for TSMC’s US division to support semiconductor production in Phoenix, Arizona. Biden signed the CHIPS and Science Act in 2022, allocating $52.7 billion in subsidies for US semiconductor manufacturing and research.

A TSMC spokesperson confirmed last month that the company had received $1.5 billion in CHIPS Act funding before the new administration took office, in accordance with its agreement milestones.

Additionally, TSMC had agreed last year to produce the world’s most advanced 2-nanometer technology at its second Arizona facility, slated to begin production in 2028. The company also committed to manufacturing cutting-edge "A16" chips in Arizona, further solidifying its role in advancing US semiconductor capabilities.

Currently, TSMC has already begun producing four-nanometer chips for American clients in its Arizona plants. As part of its latest US investment package, the company secured up to $5 billion in low-cost government loans.

Read more: Taiwan 'stole our chip business', 'should pay for defense': Trump

  • United States
  • Asian supply chains
  • TSMC
  • Donald Trump
  • white house

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS