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Apple chipmaker TSMC committing $100 billion to US expansion: report
Apple’s chipmaking partner, TSMC, is reportedly about to announce a $100 billion investment in US-based manufacturing.
Taiwan Semiconductor Manufacturing Co. intends to invest $100 billion in chip-manufacturing plants in the U.S. over the next four years under a plan expected to be announced later Monday by President Trump, according to people familiar with the matter. Such an expansion would advance a long-pursued U.S. goal to regrow the domestic semiconductor industry after manufacturing fled largely to Asian countries in recent decades. Recently, TSMC’s CEO remarked that the US was unlikely to become the production home for the latest and greatest chips due to various regulatory issues that prevent the company from innovating as quickly as it can in Taiwan.
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