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Investing.com -- Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading contract chip-maker, is planning to invest $100 billion in chip manufacturing plants in the U.S. over the next four years, according to The Wall Street Journal. The investment plan is expected to be announced later Monday by President Trump, according to sources familiar with the situation.
The planned investment will be directed towards the construction of advanced chip-making facilities. The move aligns with a longstanding U.S. objective to revitalize the domestic semiconductor industry, which has seen a significant portion of its manufacturing shift to Asian nations in recent years.
TSMC established its presence in Arizona in 2020, announcing plans to construct a chip factory with an investment of $12 billion. Since then, the company’s plans for the site have grown, with two additional factories planned on the same location and a total investment reaching $65 billion. TSMC’s first factory in the area started mass production in the previous year.
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