Trump announce TSMC to invest additional US$100 billion in US
Posted on 2025-03-04 08:13:13
In news from and about Taiwan this morning,
U-S President Donald Trump has announced that Taiwan Semiconductor Manufacturing plans to invest an additional 100-billion dollars in the United States.
Appearing with T-S-M-C's chief executive officer C. C. Wei at the White House, Trump described the investment as a "tremendous move" and "a matter of economic security."
When asked if the new investment could minimize impact on the U-S should China either isolate or seize Taiwan, Trump said he couldn't say "minimize" because "that would be a catastrophic event obviously."
Trump also did not say if the investment would provide security for the island.
Meanwhile, Wei told reporters that the investment will be for three more chip manufacturing plants, along with two packaging facilities, in the state of Arizona.
According to Wei, the 100-billion dollars is on top of the 65-billion dollars that was already announced and the investment "is going to create thousands of high-paying jobs"
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