Phoenix, AZ — Taiwan Semiconductor Manufacturing Company (TSMC) is making history with a $100 billion investment in its Arizona-based semiconductor manufacturing operation—the largest foreign direct investment in U.S. history.
The announcement was made today by President Donald J. Trump alongside TSMC CEO C.C. Wei, marking a significant step toward strengthening America’s semiconductor industry and technological leadership.
WATCH: TSMC CEO C.C. Wei speaks at the White House after announcing a $100B investment of chip production in the United States:
“It’s going to create thousands of high paying jobs.” pic.twitter.com/jsdvnGKhZf
— Rapid Response 47 (@RapidResponse47) March 3, 2025
A Game-Changer for U.S. Manufacturing
The massive investment will fund the construction of five cutting-edge fabrication facilities in Arizona, bringing thousands of high-paying jobs to the state.
President Trump: “This $100 billion in new investment will go into building five cutting-edge fabrication facilities in the great state that we just discussed, Arizona, and will create thousands of jobs—many thousands of jobs, and they’re high-paying jobs. In total, today’s announcement brings Taiwan Semiconductor’s investment to about $165 billion.”
TSMC CEO C.C. Wei: “It’s going to create thousands of high-paying jobs … We are going to produce many chips to support AI’s progress and to support the smartphone’s progress. I want to thank President Trump again for his support.”
The investment is expected to significantly boost the U.S. semiconductor supply chain, reducing dependence on foreign production and securing America’s position as a global leader in chip manufacturing.
Strengthening America’s Technological Future
U.S. Secretary of Commerce Howard Lutnick highlighted the strategic importance of the investment, crediting President Trump’s efforts to bring semiconductor manufacturing back to the U.S.:
“President Trump has made it a fundamental objective to bring semiconductor chip manufacturing home to America … You’re seeing the power of Donald Trump’s presidency because TSMC, the greatest manufacturer of chips in the world, is coming to America with a $100 billion investment.”
Since taking office, President Trump has secured nearly $2 trillion in U.S.-based investments, with officials promising that “the best is yet to come.”
This historic commitment by TSMC is expected to accelerate advancements in AI, smartphone technology, and beyond, cementing the U.S. as a key player in the global semiconductor industry.
