President Trump said on Monday that the semiconductor manufacturer in Taiwan, the largest chips manufacturer in the world, will spend $ 100 billion in the United States over the next four years to expand its productive capacity and provide semiconductor operations to its operations in Arizona.
Mr. Trump said the investment will allow TSMC to start making artificial intelligence chips and smartphones in Arizona.
With commitment, TSMC reaches its total planned spending in the United States to $ 165 billion. The company’s fingerprint in Arizona will expand from three manufacturing factories to six factories, add 25,000 jobs and establish a research and development center to develop future production operations.
TSMC expansion comes after years of work to decline local manufacturing of semiconductors. For more than five years, Washington officials were concerned that TSMC dominated the chips industry had created the risks of national security. They were afraid that the United States would lose access to those advanced chips, which were produced in Taiwan, because Beijing wanted to restore the island as part of China.
The previous Trump administration has started pressing TSMC to build factories in the United States. The Biden Administration has made these efforts by passing the chips law, a draft law of the two parties that provides $ 39 billion in federal funding to build new and expanded manufacturing facilities to make small electronics that operate everything from cars to iPad devices.
During an event at the White House, Mr. Trump said that the TSMC investment will reduce the risks of US national security and encourage other companies to create more of its products in the United States.
Mr. Trump said: “The semi -conductors are the backbone of the twenty -first century economy, and indeed without semiconductor, there is no economy,” adding that “we must be able to build chips and semi -conductors that we need here in American factories, with American skill and American labor.”
It appears with Mr. Trump, CC Wei, CEO of TSMC, that the company will start making artificial intelligence chips and smart phone flakes in the United States. He added that the factory expansion was supported by American customers, including Apple, NVIDIA, AMD, Qualcomm and Broadcom.
Mr. Trump said that the investment will help TSMC avoid tariffs of 25 percent or more on the manufactured chips in Taiwan. Since he took office in January, he had threatened the customs tariff by 100 percent on the Taiwanese chips and criticized the chips law for his failure to obtain companies like TSMC to make more chips locally.
Since Mr. Trump took office in January, TSMC and Taiwanese officials have been scrambling to respond to his identification threats. In January, Mr. Wei met with Howard Lottenic, Minister of Commerce, about the investments that TSMC could make. They have explored the possibility of investing TSMC in the American chips maker, Intel, in a deal that would undertake the Silicon Valley Icon manufacturers. Taiwan officials also traveled to Washington and offering investment deals in the United States.
Investment is more than the double TSMC commitment to the United States and increases the capabilities of the chips it produces in Arizona.
Under the Chips Law, TSMC adhered to investing $ 65 billion to build three factories in Arizona. The production process that it committed to brought to the United States is an ancient technology that creates less developed chips than those produced in Taiwan. She received 6.6 billion dollars in federal financing to support the project.
With its appearance on Monday, TSMC will become the latest in a series of companies to visit the White House and take over investment obligations. In January, Openai, Oracle and Softbank promised $ 500 billion to databases over the next four years. Last month, Tim Cook, CEO of Apple, met Mr. Trump before the company’s commitment to spend $ 500 billion over a period of four years, with some of this support that goes to a new factory in Houston to make artificial intelligence servers.
“They come here with a large size because they want to be in the greatest market in the world, and they want to avoid definitions,” said Mr. Lootnick at this event on Monday. “If they are not here, they will have suffering.”