Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading semiconductor foundry, will announce a $100 billion investment plan in the United States on Monday. This announcement comes amid concerns over potential tariffs, which U.S. President Donald Trump has hinted at.
Sources from the White House and TSMC indicate that President Trump and TSMC CEO C.C. Wei will meet at the White House around 1:30 PM to unveil this ambitious investment plan.
TSMC intends to expand its U.S. investment from $25 billion to $65 billion, significantly increasing its initial April plans. The company also aims to establish a third factory in Arizona by 2030.
TSMC looks “forward to discussing our shared vision for innovation and growth in the semiconductor industry and exploring ways to bolster the technology sector with our customers.”
This substantial investment decision has sparked considerable interest in potential subsidies for TSMC. Last November, under President Joe Biden’s administration, the U.S. Department of Commerce finalized a $6.6 billion government subsidy for TSMC’s U.S. semiconductor production facility in Phoenix, Arizona.
In 2022, Biden signed the CHIPS and Science Act, approving $52.7 billion in subsidies for semiconductor companies, including TSMC, Samsung Electronics, and SK Hynix, to boost U.S. production and research efforts.
During a Senate confirmation hearing last month, Commerce Secretary Howard Lutnick announced the suspension of subsidies. He stated, “I would have to read them and analyze them and understand them to commit to that.”
Despite this, a TSMC spokesperson disclosed last month that the company had already received $1.5 billion before the new administration took office.
TSMC has committed to producing 2-nanometer technology at its second Arizona factory, which is expected to begin operations in 2028. The company has also agreed to implement its most advanced chip manufacturing technology, A16, in Arizona.
As part of the incentive package, TSMC will receive a government loan of up to $5 billion at a reduced interest rate.