Topics

Latest

AI

Amazon

Article image

Image Credits:BING-JHEN HONG(opens in a new window)/ Getty Images

Apps

Biotech & Health

Climate

Cloud Computing

Commerce

Crypto

Enterprise

EVs

Fintech

fund raise

Gadgets

Gaming

Google

Government & Policy

computer hardware

Instagram

Layoffs

Media & Entertainment

Meta

Microsoft

privateness

Robotics

Security

societal

Space

startup

TikTok

Transportation

Venture

More from TechCrunch

Events

Startup Battlefield

StrictlyVC

Podcasts

Videos

Partner Content

TechCrunch Brand Studio

Crunchboard

Contact Us

Chipmaker TSMC said that it purport to vest “ at least ” $ 100 billion in chip manufacturing plants in the U.S. over the next four years as part of an travail to elaborate the party ’s web of semiconductor gadget factories .

President Donald Trump announced the newsduring a crush conference Monday . TSMC ’s cash extract will fund the structure of several new facility in Arizona , C. C. Wei , president and CEO of TSMC , said during the briefing .

“ We are going to produce many AI chips   … to endure AI advance , ” Wei said .

TSMCpreviously pledged to pour $ 65 billioninto U.S.-based fabrication plants andhas receive up to $ 6.6 billionin grants from theCHIPS Act , a major Biden administration - era law that sought to boost domestic semiconductor yield . The fresh investment bring TSMC ’s entire investment in the U.S. chip industry to around $ 165 billion , Trump said in prepared remark .

For geezerhood , the U.S. has expressed concerns about TSMC ’s approximate - monopoly on silicon chip fabrication and has urge on the company to relocate more of its production to the U.S. The types of ripe chip promotion that TSMC narrow down in are particularly critical for AI potato chip , the demand for which has steeply increased correspondingly with the AI boom .

Since look at office , Trump has said he wouldimpose duty on extraneous chip productionin purchase order to return chip manufacturing to the U.S. and jeopardise to finish the CHIPS Act , which he ’s criticized as inadequate . Experts have warnedthat Trump ’s approach shot could slow — or potentially even harm — the U.S. ’ AI advance , however .

Daniel Newman , CEO of the Futurum Group , a tech advisory house , tell he expects that TSMC ’s investment will be tied to a delay in duty or contingent on meeting specific requirements , which he said would be a “ win ” for the administration .

Join us at TechCrunch Sessions: AI

Exhibit at TechCrunch Sessions: AI

“ As the U.S. continues to push for increase domesticated manufacturing and with tariffs on the horizon , a substantial commitment from TSMC could serve as a strategical gesture of goodwill , ” Newman tell TechCrunch via email .

TSMC , the populace ’s largest contract chip maker , already has several facilities in the U.S. , include a manufactory in Arizona that begin aggregative production latterly last year . But the company currently reserves its most advanced facilities for its base rural area of Taiwan .

The U.S. consider TSMC ’s heavy Formosan presence a strategical endangerment because of growing threats from the mainland Chinese governing . trumpet and U.S. Commerce Secretary Howard Lutnick have reportedly press TSMC to take over and manage Intel ’s chip plant in the U.S. , which have been chivy bylogistical challenge .

Since taking office , Trump has made several White House appearances with technical school chief operating officer and investors to annunciate turgid U.S. infrastructure projection . In January , OpenAI and SoftBankpledged to investas much as half a trillion dollar in a domesticated AI data center electronic internet . Just last week , Apple aver it design tospend more than $ 500 billionto expand its U.S. manufacturing footprint .

The assurance have tended to be light on the detail , however — and experts havequestioned their feasibleness .