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TSMC CEO to meet with Trump to tout investment plans

hist78

hist78

Well-known member
"March 3 (Reuters) - TSMC CEO C. C. Wei plans to meet with President Donald Trump on Monday to discuss the Taiwanese semiconductor company's investment plans in the United States, the company said.

In November, the U.S. Commerce Department under then President Joe Biden finalized a $6.6 billion government subsidy for the U.S. unit of Taiwan Semiconductor Manufacturing Co for semiconductor production in Phoenix, Arizona. In April, TSMC (2330.TW), agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030."


 
PPPTW008

TSMC logo is seen at TSMC Museum of Innovation in Hsinchu, Taiwan May 29, 2024. REUTERS/Ann Wang/File Photo

WASHINGTON (Reuters) -TSMC CEO C. C. Wei plans to meet with President Donald Trump on Monday to discuss the Taiwanese semiconductor company's investment plans in the United States, the company said.

A person briefed on the matter said Taiwan Semiconductor Manufacturing Co. is expected to announce an $100 billion investment in the United States. In April, TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona factory by 2030.

The U.S. Commerce Department under then President Joe Biden finalized a $6.6 billion government subsidy in November for the TSMC's U.S. unit for semiconductor production in Phoenix, Arizona.

Biden signed the CHIPS and Science Act legislation in 2022 to provide $52.7 billion in subsidies for American semiconductor production and research.

Trump's Commerce Secretary Howard Lutnick told lawmakers last month that the program was "an excellent down payment" to rebuild the sector but he has declined to commit grants that have already been approved by the department, saying he wanted to "read them and analyze them and understand them."
A TSMC spokesperson said last month the company had received $1.5 billion in CHIPS Act money before the new administration came in as per the milestone terms of its agreement.

TSMC last year agreed to produce the world's most advanced 2-nanometer technology at its second Arizona fab expected to begin production in 2028. TSMC also agreed to use its most advanced chip manufacturing technology called "A16" in Arizona.

The TSMC award included up to $5 billion in low-cost government loans.

www.thestar.com.my

TSMC CEO to meet with Trump to tout boosted investment plans

WASHINGTON (Reuters) -TSMC CEO C. C. Wei plans to meet with President Donald Trump on Monday to discuss the Taiwanese semiconductor company's investment plans in the United States, the company said.
www.thestar.com.my www.thestar.com.my
 

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces​


e56c781d0318db5d612b95f9ad994a54

President Donald Trump walks before talking with reporters before boarding Marine One on the South Lawn of the White House in Washington, Friday, Feb. 28, 2025. (AP Photo/Ben Curtis)

WASHINGTON (AP) — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest a $100 billion in the United States, President Donald Trump announced Monday as he appeared with the company's head at the White House.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. The company had already announced plans to invest more than $65 billion in the U.S., including three plants in Arizona after the Biden administration offered billions in subsidies. Its first factory in Arizona has started mass production of its 4-nanometer chips.

Trump and TSMC’s chief executive officer C. C. Wei said the $100 billion is on top of the $65 billion that was already announced.

“This is a tremendous move by the most powerful company in the world," Trump said. “It's a matter of economic security.”
Wei said the investment will be for two more chip manufacturing plants in Arizona, along with a packaging operation.
Former President Joe Biden in 2022 signed a sweeping $280 billion law, the CHIPS and Science Act, to try to reinvigorate chip manufacturing in the U.S., especially after the COVID-19 pandemic
.
During the pandemic, chip factories, especially those overseas making the majority of processors, shut down. It had a ripple effect that led to wider problems, such as automobile factory assembly lines shutting down and fueled inflation.

Trump has criticized the law and taken a different approach, instead threatening to impose high tariffs on imported chips to bring chip manufacturing back to the U.S.

Trump also has said companies like TSMC do not need federal tax incentives.

Trump has hosted multiple business leaders at the White House since he took office in January to tout a series of investments that aim to demonstrate his leadership is a boon for the U.S. economy.

In January, he appeared with the heads of OpenAI, Oracle and SoftBank at the White House as they announced plans for a new partnership to invest up to $500 billion for infrastructure tied to artificial intelligence. He also announced in January a $20 billion investment by DAMAC Properties in the United Arab Emirates to build data centers tied to AI.

Last week, after Apple CEO Tim Cook met with Trump at the White House, the company announced plans to invest more than $500 billion in the U.S. over the next four years, including plans for a new server factory in Texas. Trump said after their meeting that Cook promised him Apple's manufacturing would shift from Mexico to the U.S.

“I don’t have time to do all of these announcements," Trump joked Monday as he listed some of the other investments.

 
Daniel Nenni said:

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces​


e56c781d0318db5d612b95f9ad994a54

President Donald Trump walks before talking with reporters before boarding Marine One on the South Lawn of the White House in Washington, Friday, Feb. 28, 2025. (AP Photo/Ben Curtis)

WASHINGTON (AP) — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest a $100 billion in the United States, President Donald Trump announced Monday as he appeared with the company's head at the White House.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. The company had already announced plans to invest more than $65 billion in the U.S., including three plants in Arizona after the Biden administration offered billions in subsidies. Its first factory in Arizona has started mass production of its 4-nanometer chips.

Trump and TSMC’s chief executive officer C. C. Wei said the $100 billion is on top of the $65 billion that was already announced.

“This is a tremendous move by the most powerful company in the world," Trump said. “It's a matter of economic security.”
Wei said the investment will be for two more chip manufacturing plants in Arizona, along with a packaging operation.
Former President Joe Biden in 2022 signed a sweeping $280 billion law, the CHIPS and Science Act, to try to reinvigorate chip manufacturing in the U.S., especially after the COVID-19 pandemic
.
During the pandemic, chip factories, especially those overseas making the majority of processors, shut down. It had a ripple effect that led to wider problems, such as automobile factory assembly lines shutting down and fueled inflation.

Trump has criticized the law and taken a different approach, instead threatening to impose high tariffs on imported chips to bring chip manufacturing back to the U.S.

Trump also has said companies like TSMC do not need federal tax incentives.

Trump has hosted multiple business leaders at the White House since he took office in January to tout a series of investments that aim to demonstrate his leadership is a boon for the U.S. economy.

In January, he appeared with the heads of OpenAI, Oracle and SoftBank at the White House as they announced plans for a new partnership to invest up to $500 billion for infrastructure tied to artificial intelligence. He also announced in January a $20 billion investment by DAMAC Properties in the United Arab Emirates to build data centers tied to AI.

Last week, after Apple CEO Tim Cook met with Trump at the White House, the company announced plans to invest more than $500 billion in the U.S. over the next four years, including plans for a new server factory in Texas. Trump said after their meeting that Cook promised him Apple's manufacturing would shift from Mexico to the U.S.

“I don’t have time to do all of these announcements," Trump joked Monday as he listed some of the other investments.

Click to expand...

That should do it........ The Silicon Shield got even stronger!
 
hist78 said:
1. Two more fabs will be built in Phoenix Arizona, in additional to the three existing ones that is either just started production or are under construction.

2. An advanced packaging plant, also in Phoenix Arizona.

3. A new R&D center.

Click to expand...

Everyone stayed on script!! Great move by TSMC!

TSMC Intends to Expand Its Investment in the United States to US$165 Billion to Power the Future of AI​

Company plans to increase U.S. investment in advanced semiconductor manufacturing by $100 billion with three new fabs, two advanced packaging facilities and an R&D center added to U.S. plans​


HSINCHU, Taiwan, R.O.C. Mar. 4, 2025 – TSMC (TWSE: 2330, NYSE: TSM) today announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, Arizona, TSMC’s total investment in the U.S. is expected to reach US$165 billion. The expansion includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center, solidifying this project as the largest single foreign direct investment in U.S. history.

Through this expansion, TSMC expects to create hundreds of billions of dollars in semiconductor value for AI and other cutting-edge applications. TSMC’s expanded investment is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-paying, high-tech jobs in advanced chip manufacturing and R&D. It is also expected to drive more than $200 billion of indirect economic output in Arizona and across the United States in the next decade. This move underscores TSMC’s dedication to supporting its customers, including America’s leading AI and technology innovation companies such as Apple, NVIDIA, AMD, Broadcom, and Qualcomm.

“Back in 2020, thanks to President Trump’s vision and support, we embarked on our journey of establishing advanced chip manufacturing in the United States. This vision is now a reality," said TSMC Chairman and CEO Dr. C.C. Wei. “AI is reshaping our daily lives and semiconductor technology is the foundation for new capabilities and applications. With the success of our first fab in Arizona, along with needed government support and strong customer partnerships, we intend to expand our U.S. semiconductor manufacturing investment by an additional $100 billion, bringing our total planned investment to $165 billion.”

TSMC's Arizona fab currently employs more than 3,000 people on 1,100 acres of land in Arizona. The site has been in volume production since late 2024. This expansion will play a crucial role in strengthening the U.S. semiconductor ecosystem by increasing American production of advanced semiconductor technology. It will also complete the domestic AI supply chain with TSMC’s first U.S. advanced packaging investments.

In the United States, in addition to its latest manufacturing site in Phoenix, TSMC operates a fab in Camas, Washington, and design service centers in Austin, Texas, and San Jose, California.

TSMC Spokesperson​

Wendell Huang
Senior Vice President & Chief Financial Officer
Tel:886-3-5055901

TSMC Deputy Spokesperson​

Nina Kao
Public Relations Division
Tel:886-3-5636688 Ext.7125036

 
Daniel Nenni said:
That should do it........ The Silicon Shield got even stronger!
Click to expand...
I don't think this is true. TSM is building 3 more fabs, 2 adv packaging facilities and an R&D center in USA at Arizona. Taiwan's silicon shield just weakened today because some the R&D will be done in USA now. During the press conference, a reporter asked Trump about Taiwan/ China dynamics, Trump basically said with new fabs in US, we (USA) are in a better place if something bad happens (I am paraphrasing but that is the gist of it) to Taiwan.

I am referring to this segment of the press conference
 
Last edited:
What are the implications of TSMC’s $100 billion investment for Intel and Samsung? Does this level of competition and capital intensity significantly reduce the chances of another foundry player emerging, or does it suggest that the market is expanding enough to support multiple strong players?

IMO, a Chips Act 2.0 seems unlikely, meaning Intel will likely need to raise additional capital to complete its Ohio fabs—whether from outside investors or even customers, as TSMC has done. Curious to hear this forum’s thoughts. The sheer volume of foundry-related news lately screams lots of noise. Good for TSMC here. For Intel I think the only thing that matters now is 1. A new CEO, and 2. Making inital customers happy. These investments take a long time.
 
Last edited:
Daniel Nenni said:
Everyone stayed on script!! Great move by TSMC!

TSMC Intends to Expand Its Investment in the United States to US$165 Billion to Power the Future of AI​

Company plans to increase U.S. investment in advanced semiconductor manufacturing by $100 billion with three new fabs, two advanced packaging facilities and an R&D center added to U.S. plans​


HSINCHU, Taiwan, R.O.C. Mar. 4, 2025 – TSMC (TWSE: 2330, NYSE: TSM) today announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, Arizona, TSMC’s total investment in the U.S. is expected to reach US$165 billion. The expansion includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center, solidifying this project as the largest single foreign direct investment in U.S. history.

Through this expansion, TSMC expects to create hundreds of billions of dollars in semiconductor value for AI and other cutting-edge applications. TSMC’s expanded investment is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-paying, high-tech jobs in advanced chip manufacturing and R&D. It is also expected to drive more than $200 billion of indirect economic output in Arizona and across the United States in the next decade. This move underscores TSMC’s dedication to supporting its customers, including America’s leading AI and technology innovation companies such as Apple, NVIDIA, AMD, Broadcom, and Qualcomm.

“Back in 2020, thanks to President Trump’s vision and support, we embarked on our journey of establishing advanced chip manufacturing in the United States. This vision is now a reality," said TSMC Chairman and CEO Dr. C.C. Wei. “AI is reshaping our daily lives and semiconductor technology is the foundation for new capabilities and applications. With the success of our first fab in Arizona, along with needed government support and strong customer partnerships, we intend to expand our U.S. semiconductor manufacturing investment by an additional $100 billion, bringing our total planned investment to $165 billion.”

TSMC's Arizona fab currently employs more than 3,000 people on 1,100 acres of land in Arizona. The site has been in volume production since late 2024. This expansion will play a crucial role in strengthening the U.S. semiconductor ecosystem by increasing American production of advanced semiconductor technology. It will also complete the domestic AI supply chain with TSMC’s first U.S. advanced packaging investments.

In the United States, in addition to its latest manufacturing site in Phoenix, TSMC operates a fab in Camas, Washington, and design service centers in Austin, Texas, and San Jose, California.

TSMC Spokesperson​

Wendell Huang
Senior Vice President & Chief Financial Officer
Tel:886-3-5055901

TSMC Deputy Spokesperson​

Nina Kao
Public Relations Division
Tel:886-3-5636688 Ext.7125036

Click to expand...

Now with TSMC's additional US based leading edge fabs (total six fabs eventually), two advanced packaging facilities, and a R&D center, Intel needs to identify what competitive advantages Intel really has.
 
dkr1986 said:
I don't think this is true. TSM is building 3 more fabs, 2 adv packaging facilities and an R&D center in USA at Arizona. Taiwan's silicon shield just weakened today because some the R&D will be done in USA now. During the press conference, a reporter asked Trump about Taiwan/ China dynamics, Trump basically said with new fabs in US, we (USA) are in a better place if something bad happens (I am paraphrasing but that is the gist of it) to Taiwan.
Click to expand...

I understand how it looks from the outside but on the inside this builds the strength of TSMC thus the strength of Taiwan. TSMC is a Taiwanese company and that will never change. Taiwan will fight for their independence and that includes TSMC. If you think US citizens are patriots you need to spend time in Taiwan.

It will take 10+ years for TSMC USA to be independent with leading edge fabs, R&D and packaging facilities. Even then TSMC is still Taiwanese. Did you catch that Trump said TSMC is a monopoly? Trump certainly knows what that means to his billionaire supporters. No chips no AI no more trillion dollar valuations.

And what investment will Intel and Samsung make in the US during that time? Certainly not $100B. CC was right to thank TSMC customers because they are paying for these new fabs and packaging facilities.
 
xman747 said:
What are the implications of TSMC’s $100 billion investment for Intel and Samsung? Does this level of competition and capital intensity significantly reduce the chances of another foundry player emerging, or does it suggest that the market is expanding enough to support multiple strong players?
IMO, a Chips Act 2.0 seems unlikely, meaning Intel will likely need to raise additional capital to complete its Ohio fabs—whether from outside investors or even customers, as TSMC has done. Curious to hear this forum’s thoughts. The sheer volume of foundry-related news lately feels relentless.
Click to expand...

Intel is in a very difficult position to compete against TSMC in the foundry market. Pat Gelsinger repeatedly claimed that Intel is the only company that can provide leading edge production and R&D capability outside of East Asia and Taiwan. Now TSMC is removing those few Intel advantages quickly.
 
American needs to understand that Terry Gou isn't trusted much in Taiwan, but Morris Chang and C.C. Wei's words carry weight. If TSMC says they are going to invest $100 billion in the U.S., then they will do it.
 
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