Taiwan Semiconductor Manufacturing Co (TSMC) announced an investment of at least $100 billion in the United States to expand its semiconductor production. The investment will fund five new advanced fabrication facilities, with a significant portion directed to Arizona, where TSMC has already invested heavily. This expansion, which follows a prior $65 billion commitment during President Biden's administration, includes three new fabrication plants, two advanced packaging facilities, and a research and development center, creating approximately 40,000 construction jobs over the next four years. TSMC's CEO, C.C. Wei, stated the investment would support advancements in AI and smartphones. Taiwanese officials have said they will review the investment to ensure it aligns with Taiwan’s semiconductor interests, considering the sector's competitiveness. There are concerns that shifting too much production abroad could weaken Taiwan’s "Silicon Shield," its dominant role in chipmaking, which is seen as a key geopolitical asset amid tensions with China.
first published: Mar 4, 2025 01:55 pm
A collection of the most-viewed Moneycontrol videos.
Live: Nifty extends gain for the third day, up nearly 2% this week | Closing Bell | 4K
From renewables to AI and SMEs: Madhusudan Kela on where he senses opportunity now
Will The Pre-Diwali Nifty Rally Rage On Amid Weak Global Cues? RIL Q2 in Focus | Opening Bell Live
Infosys Q2 Earnings Live | Decoding Infosys Q2 Earnings | Earnings Express
