AsianFin -- U.S. President Donald Trump has reportedly increased the investment figure for Taiwan Semiconductor Manufacturing Company (TSMC) in the United States from the initially announced $100 billion to $200 billion.
During a recent television appearance, Trump praised TSMC Chairman Mark Liu as "one of the most respected figures in the business world" and emphasized the company's expanded commitment to the U.S. market.
Under Trump's endorsement, Liu announced at the White House that TSMC would boost its U.S. investment by an additional $100 billion. The plan includes the construction of three new semiconductor fabrication plants (fabs) and the establishment of a research and development center in the United States.
Trump highlighted that TSMC, the world's largest chipmaker, will concentrate its $200 billion investment in Arizona. He also addressed the impact of tariffs on TSMC's decision, stating, "If Mark Liu hadn't agreed to invest, TSMC would have faced extremely high tariffs on its exports to the U.S."
This significant investment underscores TSMC's strategic move to strengthen its presence in the U.S. amid growing geopolitical tensions and trade policies. It also reflects the company's efforts to align with U.S. priorities in bolstering domestic semiconductor production and reducing reliance on foreign chip supplies.
Trump's remarks further emphasized the importance of TSMC's investment, declaring, "Forget about chips from Taiwan—Mark Liu is bringing billions of dollars to the U.S., and it's all happening in Arizona."
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