$100 Billion US Investment Announced by Donald Trump and TSMC!

TECH NEWS – But the question is what the end result will be, as the Taiwanese company has already stated that it will not bring its most advanced manufacturing processes to the country.

 

In the Roosevelt Room of the White House, Donald Trump, President of the United States, and C.C. Wei, Chairman of TSMC, announced the $100 billion investment plan in the U.S., which includes three new factories and a computer chip plant. However, the investment is under review by the Taiwanese government, which has stressed that TSMC’s most advanced technology will remain in Taiwan. What is not so clear is whether the new investment is entirely separate from the $65 billion that TSMC has previously talked about investing.

According to TSMC, the money will cover three new chip manufacturing plants, two advanced facilities for mounting chips on printed circuit boards, and a major research and development center. Of the three facilities, one is operational and reportedly producing AMD Ryzen processor chips, and the second could be operational in 2027. The company expects the investment to create 40,000 construction jobs in the U.S., but it remains to be seen when this will be realized. TSMC is very important to Taiwan, so any such decision requires government review. According to Reuters, the Taiwanese government has indeed said that the investment will be reviewed, although it is “positive” about the US expansion for now.

A government spokesman emphasized that the investment does not change the general attitude that Taiwan’s TSMC is where the really exciting things will continue to happen. Plans like this take so long to implement that most of them are likely to come to an end at the end of President Trump’s current term (unless the Constitution is changed, as U.S. presidents are currently limited to two terms).

TSMC also has every intention of seeing this new investment package through, almost regardless of the vagaries of the US administration. The current U.S. administration is certainly making extraordinary demands on the chip industry, so it would be wise to expect the response to be equally extraordinary in every sense of the word…

Source: PCGamer

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