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.
So we'll see.
Our politicians have not always been the brightest bulbs on the tree. They just kept regulating and regulating and regulating until it was almost impossible to stay in business.
Please don’t justify treason.
It makes no sense for the bulk of the chips that we use to be made just off the coast of China.
AWESOME! I’d read somewhere we didn’t make them anymore! Thank you. Great news!
There are others.
Still, transformers are a problem ... many of the really biggest are made in Korea, China, or India, and wait times are long.
My point is not that all is wonderful ... it’s not ... but that generally the “we don’t make anything in America anymore” is bullstuff.
I’m on your side on that, but the politicians allowed it to happen. Face it look what happened right before WWII, we sold Japan the steel to build their war machine.
It’s been said American merchants will sell the rope to hand us. It’s OUR job to make that unprofitable.
There is only ONE factory that can make antibiotics in the USA.
There is only one dry dock in the USA that can handle a super carrier.
I could go on.
Still, it made my day. So thank you. On a related note, we may make things but it is hard to get folks to show up to work....at least here in Hawaii. I hear it is bad in other areas of the country as well. Perhaps that will improve too.
Had an appointment with a contractor I’ve worked with before. He didn’t show or call. Standard around here. They call it “aloha” and smile a lot. Oh well.
“ They promised a lot in Trump’s first term and delivered almost nothing.”
You’re mixed up. You’re thinking of Foxcon in Wisconsin.
“In the first place what free trader globalist thought it was a good idea to centralize most of all chip manufacturing on an island 110 miles from the coast of COMMUNIST China?“
That’s not how it happened.
That’s not how it happened.
Oh boy tell us just how did it happen?
“It makes no sense for the bulk of the chips that we use to be made just off the coast of China.”
It does because they are who made them and did it.
It’s like you have no idea how business and innovation works.
Thanks for clearing that up. Yeah, Foxconn essentially bailed. Microsoft is now developing a large portion of the site.
Morris Chang tried to get funding for in the US to create a fabrication plant.
No one thought his model would work where they’d fabricate the chip for the client based on the client’s design. Intel thought that design had to be connected to manufacturing.
Taiwanese government supported him to start TSMC there. They were left alone without US regulatory meddling and creating the most advanced methods in the world.
Yeah. TSMC Arizona has gone great.
IF, I have my facts right...
Biden offered up $6.6 billion U S dollars in grants to entice TSMC to build in AZ.
Three chip plants, costing $65 billion U S dollars, are currently underway north of Phoenix, near Interstate 17 and Loop 303.
Another three chip plants will be built in AZ under the Trump administration, with TSMC pledging to spend an additional 100 billion U S dollars.
I believe that I heard the TSMC CEO, mention in the just finished White House announcement that there will be two additional plants built to package the chips, for a total of 8 plants constructed at the AZ complex.
The plans are for all of the future chip plants across America to strategically construct their power-generating units on-site.
Last Energy has perfected microreactors that may be used as one type of solution to energy production on-site.
It is predicted that the explosion in AI will double the power needed by the U.S.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.