Taiwan Semiconductor Manufacturing will pour $100 billion into bolstering chip manufacturing in the U.S., President Donald Trump announced Monday.
The president called the investment a “tremendous move by the most powerful company in the world.” The new capital brings TSMC’s total investment in the U.S. to $165 billion and will go toward building five new fabrication facilities in Arizona.
Today was epic. I was sworn in as the 41st US Secretary of Commerce with President Trump in the Oval Office. Our great VP JD Vance presided over the official oath as my wife held the Bible. My 4 kids, sister, and brothers in law couldn’t have been more supportive as I join the… https://t.co/caGR4tbcRN
— Howard Lutnick (@howardlutnick) February 22, 2025
TRUMP SECURES AT LEAST $1.8T INVESTMENT IN LESS THAN 75 DAYS
1. $100 Billion from TSMC 💰📷
Date: March 3, 20252. $500 Billion from Apple 📷📷
Date: February 25, 20254. $100 Billion from SoftBank 📷📷
Date: December 2024 (Exact date unspecified; announced pre-January 2025)… https://t.co/VsUxZJPxNM— BROKER SEAN (@1BrokerSean) March 4, 2025