Apple chipmaking partner Taiwan Semiconductor Manufacturing Co. (TSMC) has announced an additional $100 billion increase to its US-based chip fabrication facilities, bring its total investment to $265 billion for a total of 12 facilities in the United States.
The White House and the Department of Commerce confirmed the increase alongside TSMC’s second quarter earnings call. Commerce Secretary Howard Lutnick said the investment would “create tens of thousands of American jobs,” while TSMC chairman and CEO C.C. Wei told CNBC the new fabrication plants would support “our leading U.S. customers,” a group that reportedly includes Apple, alongside Nvidia and Broadcom.
The new $100 billion in funding is expected to finance the construction of up to four more plants, though the exact plan remains unsettled. While the Department of Commerce says the total will reach 12 U.S. facilities, an official told Bloomberg the eventual mix could be 10 fabrication plants and two packaging facilities, focused on 2 nanometer chips.
“President Trump’s leadership is driving companies to invest in American manufacturing. TSMC’s announcement of an additional $100 billion investment following our historic deal on trade and investment with Taiwan will create tens of thousands of American jobs and bring advanced semiconductor manufacturing back to America,” said Commerce Secretary Howard Lutnick.
“We appreciate the strong collaboration and support of the Trump Administration, Secretary Lutnick and our leading U.S. customers, and have announced an additional $100 billion investment in the U.S., bringing the total planned investment to $265 billion and adding to the largest foreign direct investment in U.S. history,” said Dr. C.C. Wei, TSMC Chairman and CEO. “This is to support the strong multi-year demand from our leading U.S. customers, and we believe this investment will further foster the development of the U.S. semiconductor ecosystem, strengthen the supply chain, and support significant job creation in the United States. We are very excited about the tremendous opportunities that lie ahead of us.”
