TSMC Will Reportedly Invest $100 Billion In U.S.

TSMC, the world’s leading chipmaker, will reportedly invest some $100 billion in the U.S., in response to pressure from the Trump administration.

TSMC currently has semiconductor facilities in Arizona, but President Trump has pushed for U.S. companies to be less dependent on chips made overseas, even threatening stiff tariffs on allies in an effort to get what he wants.

The Taiwanese firm appears to be making an effort to appease Trump, with The Wall Street Journal reported that it will invest some $100 billion in U.S. chip manufacturing over the next four years.

“We’re pleased to have an opportunity to meet with the President and look 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,” TSMC said in a statement, via the outlet.

The news comes on the heels of Trump threatening up to a 100% tariff on chips from TSMC.

“In the very near future, we’re going to be placing tariffs on foreign production of computer chips, semiconductors and pharmaceuticals to return production of these essential goods to the United States,” Trump said in late January, in a speech to House Republicans at the Trump National Doral Gulf Club in Miami.

“They left us and went to Taiwan, which is about 98% of the chip business, by the way, and we want them to come back,” Trump said, speaking of companies like Apple and Nvidia, which rely on TSMC for chip production.

Trump went on to criticize the CHIPS Act, saying his planned tariffs would be a more effective motivation.

“And we don’t want to give them billions of dollars like this ridiculous program that Biden has given everybody billions of dollars. They already have billions of dollars,” Trump continued. “They’ve got nothing but money Joe. They didn’t need money. They needed an incentive. And the incentive is gonna be they’re not gonna wanna pay a 25, 50 or even a 100 % tax.”

“They’re gonna build their factory with their own money,” Trump added. “We don’t have to give them money. They’re going to come in because it’s good for them to come in. They’re giving the money, they don’t even know what they’re going to do with it.”

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