Posted on 03/03/2025 11:52:02 AM PST by Miami Rebel
President Donald Trump is expected to announce a $100 billion investment from Taiwan Semiconductor Manufacturing to bolster chip manufacturing over the next four years in the U.S, NBC has learned.
The Wall Street Journal first reported the news.
TSMC, which supplies semiconductors to the likes of Nvidia and Apple for artificial intelligence use, would help support the Trump administration’s efforts to make the U.S. an artificial intelligence hub. Last month, Trump announced a multibillion-dollar AI infrastructure project with Oracle , OpenAI and Softbank.
Trump has repeatedly called out and accused Taiwan of stealing the U.S. chip manufacturing business and touted tariffs on semiconductor imports. The company’s finance chief Wendell Huang told CNBC in January that he was confident the new White House administration would continue funding the company’s U.S. ambitions.
TSMC has already made strides to expand its footprint in the U.S, committing $12 billion in 2020 to build its first U.S. chip factory in Arizona. It has since raised its investment in the state to about $65 billion with a third factory and gained U.S. government support through a $6.6 billion subsidy from the U.S. Commerce Department.
1. Is this a fresh $100 billion or an additional $35 billion atop the original pledge?
2. How much of a CHIPS Act grant will Taiwan Semi receive?
Watching press confrence
Watching the press conference now.
If they are building the plant in AZ, that would means it will produce a combination of ranch and salsa chips.
This is excellent for both the US and Taiwan.
Getting as far away from Communist China as fast as they can.................
Perfect climate conditions. Intel had a huge plant here and before that Motorola.
Agreed!!! This is excellent news.
In before the anti union fanatic Eeyores....
Bringing manufacturing back to USA is a good thing.
Bringing THIS kind of manufacturing is a GREAT thing.
I would also like to see us bring back the ability to make power transformers. I believe all are currently made in China. An EMP would wipe them out with no ability to replace them in sight. No power? Bad thing.
Link?
Taiwan and YS are the two most important countries in the world.
Need to end one China deep state crap.
YS = US (typo)
We need to start planning for the day China takes Taiwan and way too much depends on TSMC.
Time for a State Dinner with Taiwan.
I found the stream and saw the very end.
Idiot reporter asked Trump if he’d talked to “President Xi” about this.
in addition to…
165billion invested so far
I’m pretty sure that the original amount hasn’t yet fully been deployed, but perhaps I’m wrong.
I question whether any of the additional investment will be paid for by grants from Biden’s CHIPS Act.
Kind of like the Stargate guys saying on day 2 of the Admin that they were already in the process of building their said centers.
Here’s hoping if that day ever comes ( God forbid) all they get is a small island with some Americanized restaurants. May the last Taiwanese turn out the lights before boarding a plane to the US.
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