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TSMC pledges to spend $100B on US chip facilities
In a joint announcement with the Trump Administration, TSMC pledged to spend $100 billion on chip facilities in the U.S.
TSMC in U.S.-based fabrication plants and has received up to $6.6 billion in grants from the CHIPS Act, a major Biden administration-era law that sought to boost domestic semiconductor production. Daniel Newman, CEO of the Futurum Group, a tech advisory firm, said he expects that TSMC’s investment will be tied to a delay in tariffs or contingent on meeting specific requirements, which he said would be a “win” for the Administration. “As the U.S. continues to push for increased domestic manufacturing and with tariffs on the horizon, a substantial commitment from TSMC could serve as a strategic gesture of goodwill,” Newman told TechCrunch via email.
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