President Donald Trump announced a major investment in American manufacturing on Monday afternoon, marking another economic milestone less than two months into his second term.
According to reports from the Wall Street Journal, Taiwan Semiconductor Manufacturing Co. (TSMC) will invest $100 billion over the next four years to expand chip manufacturing plants in the U.S.
The White House has confirmed the announcement, with Trump speaking to outline the details and answer questions from the media.
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The $100 billion investment will be allocated to building and expanding cutting-edge chip-making facilities across the U.S.
The move aligns with longstanding efforts to regrow America’s semiconductor industry, which has seen much of its production shift to Asian countries over recent decades.
TSMC, the world’s largest semiconductor manufacturer, plays a critical role in global chip production, supplying major companies in the automotive, technology, and defense industries.
Bringing more chip production to the U.S. is expected to reduce reliance on foreign manufacturing and strengthen national security by ensuring a stable supply of advanced microchips.
WOW! The CEO of Taiwan Semiconductors just officially announced a $100 BILLION investment into the United States.
They will build THREE new manufacturing plants in Arizona and produce their most powerful chips there.
Arizona, get ready for thousands of new jobs. pic.twitter.com/yKHchq3azg
— George (@BehizyTweets) March 3, 2025
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Since returning to the White House in January 2025, Trump has already secured nearly $2 trillion in private sector and foreign government investments in the U.S. economy.
Trump has secured:
– $100 billion from TSMC;
– $500 billion from Apple;
– $27 billion from Zepbound;
– $100 billion from Softbank;
– $20 billion from DAMAC;
– $500 billion from Stargate;
– $600 billion from Saudi Arabia.Sounds like a domestic manufacturing renaissance to me!
— Daniel Baldwin (@baldwin_daniel_) March 3, 2025
His administration has prioritized revitalizing American manufacturing, encouraging companies to relocate production facilities and expand domestic job creation.
The semiconductor industry has been a key focus, given its impact on technology, defense, and critical infrastructure.
The latest investment follows previous efforts to expand chip production in the U.S., including legislation passed during Trump’s first term aimed at incentivizing domestic manufacturing.
The official announcement took place at the White House at 1:30 p.m. ET, where Trump detailed the scope of the investment and its impact on U.S. manufacturing and job creation.
As the U.S. works to compete with China and other global tech powerhouses, bringing semiconductor production back to American soil remains a top priority for the administration.
The White House has signaled that further investment announcements may follow in the coming months as Trump continues to push for economic growth and industrial expansion.
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