The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
TSMC is on a slippery slope. Taiwan Semiconductor Manufacturing , the world's largest chipmaker, on Monday pledged $100 billion in fresh funds to build factories in the United States. It also committed to set up a major research and development centre stateside,
After Trump threatens to tariff foreign-made chips at 25%, TSMC CEO CC Wei makes an appearance at the White House today to promise bigger US investments.
President Trump announced TSMC in Phoenix is doubling in size and investing $100 billion more in our state. FOX 10's Steve Nielsen reports.