President Trump has announced a monumental $100 billion investment from Taiwan Semiconductor Manufacturing Company (TSMC) to expand U.S. chip production. The investment will fund the construction of five advanced semiconductor manufacturing plants in Arizona, strengthening America’s position in the global tech race.
TSMC, the world’s leading semiconductor producer, supplies chips for major tech companies, including Apple and Intel. This move aligns with President Trump’s push to reduce reliance on foreign supply chains and bolster national security. Phoenix Mayor Kate Gallego praised the investment, emphasizing its role in creating approximately 20,000 high-paying jobs and securing a steady domestic chip supply.
This announcement follows Apple’s $500 billion commitment to U.S. manufacturing and coincides with plans by OpenAI, Oracle, and SoftBank to build AI-driven data centers under the ambitious Stargate initiative. Additionally, Apple is shifting part of its manufacturing from Mexico to the U.S. as part of this wave of domestic investment.
The initiative is expected to play a crucial role in reducing tariffs, avoiding supply chain disruptions, and ensuring the U.S. remains a leader in the semiconductor industry. With national security concerns surrounding chip production, this investment is seen as a strategic move to fortify America’s technological future.
By securing this historic deal, President Trump continues to prioritize economic growth, job creation, and American technological leadership, delivering on his promise to revitalize domestic manufacturing.