Taiwan Semiconductor Manufacturing Company (TSMC) has pledged an additional $100bn to expand its US production, bringing its total commitment in the country to $265bn.
Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s largest chip makers, has pledged an additional $100bn to expand its production operations in the United States, according to the BBC.
The new investment raises the company’s total commitment to the US to $265bn, the BBC reported.
TSMC said the expansion will create “high-tech, high-paying jobs”, according to the company’s statement cited by the BBC.
As a major supplier of advanced semiconductors, TSMC’s decision to deepen its US footprint underscores the growing importance placed on domestic chip manufacturing capacity.
Further details on the timeline for the expansion and the specific locations involved were not provided in the source.
Why it matters
Semiconductors are essential components in everything from smartphones to cars and advanced computing, making chip supply a strategic priority for major economies. TSMC's expanded commitment signals a significant shift of high-value manufacturing toward the United States, with potential implications for jobs and supply chain resilience.