Taiwan Semiconductor to Invest $100 Billion More in U.S.

<p>President Donald Trump joined Taiwan Semiconductor Manufacturing Company &lpar;TSMC&rpar; CEO C&period;C&period; Wei yesterday to <a href&equals;"https&colon;&sol;&sol;x&period;com&sol;RapidResponse47&sol;status&sol;1896648385542963549">announce<&sol;a> a historic &dollar;100 billion investment by TSMC in its Arizona-based semiconductor chips manufacturing operation — the largest foreign direct investment in U&period;S&period; history&period;<&sol;p>&NewLine;<ul class&equals;"wp-block-list">&NewLine;<li><a href&equals;"https&colon;&sol;&sol;x&period;com&sol;RapidResponse47&sol;status&sol;1896648385542963549"><strong>President Trump<&sol;strong><&sol;a>&colon; &OpenCurlyDoubleQuote;This &dollar;100 billion in new investment will go into building five cutting-edge fabrication facilities in the great state that we just discussed&comma; Arizona&comma; and will create thousands of jobs — many thousands of jobs&comma; and they’re high-paying jobs&period; In total&comma; today’s announcement brings Taiwan Semiconductor’s investment to about &dollar;165 billion&period;”<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;x&period;com&sol;RapidResponse47&sol;status&sol;1896651175388389764"><strong>TSMC CEO C&period;C&period; Wei<&sol;strong><&sol;a>&colon; &OpenCurlyDoubleQuote;It’s going to create thousands of high-paying jobs … We are going to produce many chips to support AI’s progress and to support the smartphone’s progress&period; I want to thank President Trump again for his support&period;”<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;x&period;com&sol;RapidResponse47&sol;status&sol;1896650482749489551"><strong>Secretary of Commerce Howard Lutnick<&sol;strong><&sol;a><strong>&colon;<&sol;strong> &OpenCurlyDoubleQuote;President Trump has made it a fundamental objective to bring semiconductor chip manufacturing home to America … You’re seeing the power of Donald Trump’s presidency because TSMC&comma; the greatest manufacturer of chips in the world&comma; is coming to America with a &dollar;100 billion investment&period;”<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>Since taking office&comma; President Trump has secured nearly &dollar;2 trillion in U&period;S&period;-based investment&period;<&sol;p>&NewLine;