Taiwan Semiconductor Manufacturing Co. CEO C.C. Wei is set to announce a $100 billion investment in the United States during a meeting with President Donald Trump, significantly expanding the company’s American manufacturing footprint.
According to Reuters, The investment, scheduled to be unveiled at a White House meeting Monday afternoon, would come on top of TSMC’s earlier commitment to invest $65 billion in Arizona chip production facilities through 2030. This earlier plan already included three factories in Phoenix, where the company has begun producing advanced 4-nanometer chips.
TSMC’s planned $100 billion injection represents one of the largest foreign investments in U.S. manufacturing history and builds upon momentum created by the 2022 CHIPS and Science Act, which allocated $52.7 billion in subsidies to boost domestic semiconductor production.
The company received a $6.6 billion government subsidy package last November under the previous administration, with $1.5 billion already disbursed according to milestone terms. TSMC has committed to producing its most cutting-edge 2-nanometer technology at its second Arizona factory, expected to begin production in 2028.
The expanded investment comes as Commerce Secretary Howard Lutnick has described the CHIPS Act as “an excellent down payment” for rebuilding the sector, though he has not committed to previously approved grants without further review.
TSMC said it looks forward to discussing “innovation and growth in the semiconductor industry” with the administration, as both sides work to reduce U.S. reliance on Asian chip production amid growing concerns about supply chain security.
