TSMC Commits $100 Billion More to US Chip Production

TSMC CEO C.C. Wei confirmed an additional $100 billion US investment, adding three fabrication plants (where microchips are manufactured) and two advanced packaging facilities (where finished chips are assembled for performance) to eight already underway. Wei gave no timeline, citing "market situation." Commerce Secretary Lutnick confirmed the figure. The pledge was first announced at the White House in March 2025.