TSMC Announces $100 Billion Investment to Build Three New U.S. Chip Plants [Video]
TSMC today announced that it will invest an additional $100 billion in the United States to build three new chip plants, two packaging facilities, and an R&D center. The expansion builds on the company's existing $65 billion project in Phoenix, Arizona, bringing its total U.S. investment to $165 billion—making it the largest single foreign direct investment in U.S. history, according to the company's press release.The new facilities will join TSMC's Arizona campus, where its first factory began volume production in late 2024. The expansion includes three advanced fabrication plants and two cutting-edge packaging sites, crucial for AI chip performance, alongside a major research and development hub. TSMC projects this move will create 40,000 construction jobs over the next four years and tens of thousands of high-tech positions in manufacturing and R&D. The company also estimates over $200 billion in indirect economic impact across the U.S. within a decade.This investment aims to supercharge the U.S. semiconductor supply chain, especially for AI and other advanced tech. TSMC highlighted its role in supporting key customers like Apple, NVIDIA, AMD, Broadcom, and Qualcomm. "AI is reshaping our daily lives, and semiconductor technology is the foundation," said TSMC Chairman and CEO Dr. C.C. Wei in the announcement. He credited the initial Arizona push to former President Trump's vision, noting that government support and customer partnerships paved the way for this $100 billion leap.Continue ReadingShare Article:Facebook, Twitter, LinkedIn, Reddit, EmailFollow iClarified:Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube
![TSMC Announces $100 Billion Investment to Build Three New U.S. Chip Plants [Video]](https://www.iclarified.com/images/news/96617/96617/96617-640.jpg)
TSMC today announced that it will invest an additional $100 billion in the United States to build three new chip plants, two packaging facilities, and an R&D center. The expansion builds on the company's existing $65 billion project in Phoenix, Arizona, bringing its total U.S. investment to $165 billion—making it the largest single foreign direct investment in U.S. history, according to the company's press release.
The new facilities will join TSMC's Arizona campus, where its first factory began volume production in late 2024. The expansion includes three advanced fabrication plants and two cutting-edge packaging sites, crucial for AI chip performance, alongside a major research and development hub. TSMC projects this move will create 40,000 construction jobs over the next four years and tens of thousands of high-tech positions in manufacturing and R&D. The company also estimates over $200 billion in indirect economic impact across the U.S. within a decade.
This investment aims to supercharge the U.S. semiconductor supply chain, especially for AI and other advanced tech. TSMC highlighted its role in supporting key customers like Apple, NVIDIA, AMD, Broadcom, and Qualcomm. "AI is reshaping our daily lives, and semiconductor technology is the foundation," said TSMC Chairman and CEO Dr. C.C. Wei in the announcement. He credited the initial Arizona push to former President Trump's vision, noting that government support and customer partnerships paved the way for this $100 billion leap.
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The new facilities will join TSMC's Arizona campus, where its first factory began volume production in late 2024. The expansion includes three advanced fabrication plants and two cutting-edge packaging sites, crucial for AI chip performance, alongside a major research and development hub. TSMC projects this move will create 40,000 construction jobs over the next four years and tens of thousands of high-tech positions in manufacturing and R&D. The company also estimates over $200 billion in indirect economic impact across the U.S. within a decade.
This investment aims to supercharge the U.S. semiconductor supply chain, especially for AI and other advanced tech. TSMC highlighted its role in supporting key customers like Apple, NVIDIA, AMD, Broadcom, and Qualcomm. "AI is reshaping our daily lives, and semiconductor technology is the foundation," said TSMC Chairman and CEO Dr. C.C. Wei in the announcement. He credited the initial Arizona push to former President Trump's vision, noting that government support and customer partnerships paved the way for this $100 billion leap.
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