Taiwan Semiconductor to Announce $ 100-Billion Investment in Us Chip Manufacturing Plants

President Donald Trump is expected to announs a $ 100 billion investment from Taiwan semiconductor manufacturing To Bolster chip manufacturing over the next four years in the US, 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 us an ai hub. Last month, Trump Announced A Multibillion Ai Infrastructure Project with OracleOpenai and softbank.

To be sure, trump has reepeatedly called out and accused Taiwan of Stealing The Us Chip Manufacturing Business and touted tarifs on semiconductor imports. The company’s Finance Chief Wendel Huang Told CNBC in January that he was confident the new white house administration would Continue Funding The Company’s Us Ambitions,

TSMC has Alredy Made Strides to Expand Its Footprint in the US, Committing $ 12 billion in 2020 To build its first us chip factory in arizona. It has since raised its investment in the state to about $ 65 billion with a third factory and Gained us government support a $ 6.6 billion subSidy From the US Commerce Department.

Watch: Broadcom and TSMC exploring deals for parts of intel, according to wsj