Investment by Taiwan Semiconductor Manufacturing in U.S. Chip Manufacturing

SOURCE www.nbcnews.com
Taiwan Semiconductor Manufacturing will invest $100 billion in chip manufacturing in the U.S., supporting the Trump administration's efforts to make the U.S. an artificial intelligence hub.

Key Points

  • TSMC to invest $100 billion in U.S. chip manufacturing
  • Supports Trump administration's goal of advancing semiconductor production in the U.S.
  • TSMC committed $12 billion in 2020 to build its first U.S. chip factory in Arizona

Pros

  • Boosts chip manufacturing in the U.S.
  • Supports efforts to make the U.S. an artificial intelligence hub
  • Contributes to economic and national security

Cons

  • Accusations of Taiwan stealing U.S. chip manufacturing business