Taiwan Semiconductor Announces $100 Billion Investment in the U.S.

On Monday, the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Company Limited (TSM) , has announced that it is making an investment of more than $100 billion in the United States to build at least five more chip facilities in the country. TSMC said that this expansion includes three chip fabrication plants, two advanced packaging facilities and a research and development center.President Trump announced the deal at a White House event. “Semiconductors are the backbone of the 21st cen ...