Trump Announces SHOCKING $165 Billion Chip Investment!

2025-03-04 00:01:21.414

President Donald Trump announced that Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest semiconductor manufacturer, plans to invest $100 billion in the United States, in addition to the previously announced $65 billion. This investment will fund three new chip manufacturing plants and two packaging facilities in Arizona. The president called the investment a "tremendous move" and a matter of "economic security." TSMC CEO C. C. Wei stated the investment will create thousands of high-paying jobs. The investment comes in the wake of the CHIPS and Science Act, a $280 billion law aimed at boosting U.S. chip manufacturing. While Trump has criticized this act, he has touted the TSMC investment as a result of his administration's policies, including the threat of tariffs on imported chips. The announcement comes amidst concerns about China's potential actions against Taiwan. Trump acknowledged the potential for a catastrophic event if China were to seize Taiwan, but emphasized the importance of U.S. chip production. The Taiwanese government expressed its support for the investment, highlighting its significance in strengthening U.S.-Taiwan relations. Experts suggest that the increased investment is intended to reinforce the U.S.-Taiwan relationship. Trump has also hosted other business leaders at the White House recently to announce significant investments in the U.S., including Apple's $500 billion pledge.