Trump, Chip Giant TSMC CEO to Announce $100B U.S. Investment/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ President Donald Trump is set to announce a $100 billion investment by Taiwan Semiconductor Manufacturing Co. (TSMC) in the United States during a meeting with the company’s CEO on Monday. TSMC, the world’s largest chip manufacturer, already pledged $65 billion to build three plants in Arizona. It remains unclear if the $100 billion figure includes previous commitments. The announcement comes as Trump pushes to shift semiconductor production to the U.S., favoring tariffs on foreign chips over federal subsidies. This move follows other major corporate investments since Trump’s return to the White House.
Quick Look: Trump’s TSMC Investment Announcement
- What’s Happening: Trump and TSMC’s CEO meet to announce U.S. investment
- Investment Size: $100 billion (unclear if it includes prior commitments)
- Where: Arizona, where TSMC already pledged three factories
- Why It Matters: U.S. aims to reduce dependence on overseas chipmakers
- Trump’s Strategy: Tariffs on foreign chips instead of subsidies
- Similar Deals: Apple, OpenAI, and DAMAC have all pledged billions in U.S. investments
Deep Look: Trump, TSMC, and the Future of U.S. Chip Manufacturing
The Investment: What We Know
President Donald Trump and TSMC CEO C.C. Wei are meeting Monday in Washington, D.C., where the Taiwanese chip giant is expected to announce a $100 billion investment in the U.S. semiconductor industry.
TSMC, which supplies chips to Apple, Intel, and Nvidia, previously pledged $65 billion for three factories in Arizona, with one already mass-producing 4-nanometer chips. It remains unclear if the new $100 billion figure includes past commitments or if it signals an additional expansion.
The White House has not commented on the announcement, and TSMC has only confirmed that its CEO will meet with Trump.
A Shift in U.S. Semiconductor Policy
The global chip shortage during the COVID-19 pandemic exposed vulnerabilities in U.S. supply chains, prompting President Joe Biden to pass the CHIPS and Science Act in 2022, offering $280 billion in subsidies to boost domestic production.
However, Trump has criticized the CHIPS Act and prefers an approach based on high tariffs on foreign-made chips rather than federal incentives.
- Biden’s Approach: Subsidies to encourage U.S. chip manufacturing
- Trump’s Approach: Tariffs on imported chips to force domestic production
TSMC’s Expansion in the U.S.
TSMC is the world’s largest semiconductor manufacturer, responsible for a significant portion of global chip production. The company’s Arizona investment was encouraged by U.S. subsidies during the Biden administration.
Under Trump’s policies, TSMC may face higher tariffs on imported chips, potentially increasing pressure to expand production in the U.S.
Trump’s Economic Strategy: A Pattern of Big Announcements
Trump has hosted multiple business leaders since taking office in January 2025, touting major corporate investments as evidence of his economic leadership.
- January: Trump announced a $500 billion AI investment with OpenAI, Oracle, and SoftBank.
- January: DAMAC Properties pledged $20 billion for U.S. data centers.
- Last week: Apple CEO Tim Cook met with Trump, followed by a $500 billion U.S. investment announcement.
Trump claimed that Cook promised Apple would shift manufacturing from Mexico to the U.S.
What’s Next for U.S. Chip Manufacturing?
- TSMC’s next steps: More details on whether the $100 billion investment includes new factories or additional projects
- Congressional response: How lawmakers react to Trump’s tariff-driven approach to semiconductor policy
- Impact on China: Tensions with Beijing may rise, as Taiwan remains a focal point in U.S.-China tech competition
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