Taiwan's chip giant TSMC to spend $100bn to expand US chip manufacturing
Chip giant Taiwan Semiconductor Manufacturing Co plans to invest $100bn in the United States and build five additional factories in the coming years, it has said.
TSMC CEO CC Wei announced the plan on Monday in a meeting at the White House with US President Donald Trump. “We must be able to build the chips and semiconductors that we need right here,” Trump said. “It’s a matter of national security for us.”
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