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TSMC is planning to invest an additional $100 billion in AI in the US, bringing its total investments in the country to to $165 billion.
The manufacturing company said it is increasing its investment in advanced semiconductor manufacturing, with the construction of three new factories, two advanced packaging plants, and a research and development centre.
With this expansion, TSMC expects to create more than 40,000 construction jobs over the next four years and tens of thousands of high-tech jobs in advanced chip manufacturing and research and development.
TSMC said the move restores its support for US-based AI and technology innovation companies such as Apple, Nvidia, AMD, Broadcom and Qualcomm.
“Back in 2020, thanks to President Trump’s vision and support, we embarked on our journey of establishing advanced chip manufacturing in the United States,” said TSMC chairman and chief executive Dr. C.C. Wei. “This vision is now a reality.”
He continued: “AI is reshaping our daily lives and semiconductor technology is the foundation for new capabilities and applications. With the success of our first fab in Arizona, along with needed government support and strong customer partnerships, we intend to expand our US semiconductor manufacturing investment by an additional $100 billion, bringing our total planned investment to $165 billion.”
The company is currently investing $65 billion in its advanced semiconductor manufacturing operations in Phoenix, Arizona, with the current expansion plan expected to bring more than $200 billion in indirect economic output to the state and the entire US over the next decade, the manufacturer said in a statement.
TSMC’s Arizona factory currently employs more than 3,000 people on 1,100 acres of land in Arizona.
The site has been in volume production since the end of 2024.
In the US, in addition to the latest production site in Phoenix, TSMC operates a factory in Camas, Washington, and design support centres in Austin, Texas, and San Jose, California.
