TSMC to Invest $100B+ in US Chip Factories, Fueling AI Boom

TSMC announced a massive investment of at least $100 billion over four years to build chip manufacturing plants in the US, expanding its global network. This move addresses US concerns about chip manufacturing dependence and aligns with the surging demand for AI chips. The investment will fund new facilities in Arizona, focusing on AI chip production. This significant commitment is viewed as a strategic move to potentially mitigate US tariffs and reflects geopolitical concerns about over-reliance on Taiwan-based production.