The Taiwan Semiconductor Manufacturing Company (TSMC) is planning to invest an additional $100 billion in the US, the firm’s management confirmed in its earnings call earlier today. TSMC is the world’s largest contract chip manufacturer and had already pledged to invest $165 billion into US chip manufacturing ahead of today’s announcement, with $65 announced during the Biden administration and $100 billion in the Trump administration. TSMC Ups US Investment Pledge & Ties Funds To “Market Situation” Even though TSMC has now committed $265 billion to manufacturing advanced chips in America, all of the firm’s leading-edge products are manufactured in Taiwan […]
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