The Semiconductor Industry Association (SIA) today released the following statement from President and CEO John Neuffer regarding the announcement this week by C.C. Wei of TSMC and President Trump. The company plans to increase its U.S. investment in advanced semiconductor manufacturing by $100 billion – to a new total of $165 billion – with three new fabs, two advanced packaging facilities, and an R&D center.
“This week’s announcement by TSMC and President Trump is a major win for America’s economy, supply chain security, and domestic production of the advanced chips that propel AI and many other transformative technologies of the future. Since TSMC’s initial U.S. investments announced during President Trump’s first term, companies across the semiconductor ecosystem have committed to invest more than half-a-trillion dollars in America. We applaud TSMC for investing boldly in the United States and look forward to continuing to work with leaders in Washington to advance policies that promote America’s economic strength, national security, and technology leadership.”
