TSMC Pledges Additional $100 Billion to Expand US Chip Production
Core Summary TSMC, the world’s largest contract chipmaker, has announced an additional $100 billion investment to expand its semiconductor manufacturing footprint in the United States. This brings the company’s total US investment commitment to $265 billion. The company stated it will create high-tech, high-paying jobs and further strengthen America’s position in the global chip supply chain. Event Details According to BBC reporting, TSMC officially unveiled its latest US investment plan this week. The $100 billion will fund new and expanded advanced chip fabrication facilities in Arizona and other locations, covering production capabilities from 3-nanometer process nodes and beyond. ...