TSMC announces $100 billion investment in US chipmaking

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Taiwan Semiconductor Manufacturing Co. – the world’s biggest chipmaker – will invest at least $100 billion to expand chip manufacturing in the US. During a press conference on Monday, President Donald Trump said the funding would go toward building two additional chip manufacturing facilities in Phoenix, Arizona. The $100 billion investment builds upon the $65 billion TSMC has already committed to building three Arizona factories, as well as the $6.6 billion the Biden administration awarded to TSMC under the CHIPS Act. TSMC began producing 4-nanometer chips at its Arizona plant in January, but its future factories are expected to make chips using “2nm or even more advanced process technology” by the end of the decade, according to the company’s website. Last year, TSMC pushed back the timeline for its second Arizona plant, saying it will ... Read full article.