Money and business

The largest chips company plans to invest $ 100 billion in American factories

The Taiwan CD, or known as a “TSMC”, which is the largest producer of artificial intelligence chips in the world, plans to invest an additional $ 100 billion in American factories that enhance the production of its chips on American soil and support the goal of US President Donald Trump to increase local manufacturing, according to the American Bloomberg Network.

Chotting industry in the United States

The CEO CC Wei joined Trump at the White House to reveal the company’s vision to expand its presence in the United States, which started in 2020 during the term of the first president.
Trump said this step means “that the most powerful segments of artificial intelligence in the world will be manufactured here in America.”
Also read: An American -Chinese war to control Taiwan chips .. Who will win it first?

The biggest spending in the field of manufacturing within America

As expected, this spending represents one of the largest spending operations spent by a foreign manufacturing company in the United States.
This spending is added to 65 billion dollars in investments planned by the company in the United States, and this would eventually increase its presence in the United States to six factories to manufacture advanced chips and a few other factories for advanced packaging.

Trump supports the chips industry strongly

“Without semiconductors, there will be no economy that supports everything from artificial intelligence to cars to advanced manufacturing,” Trump said from Roosevelt Hall.
TSMC is the world’s leading company in the production of advanced semiconductors used in artificial intelligence and is the main partner for the manufacture of chips for “Invidia” and “Apple”.
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In the aftermath of the announcement, Invidia said it will rely on the new TSM C. to consolidate the supply of flexible technology in the United States.

The approval of the Taiwanese government

However, any increase in spending by TSMC in the United States will need the approval of the Taiwan government, which is already soon, as the Taiwan government has reduced its fears that expanding investment plans may make the manufacturer of chips American.
The shares of the company decreased by 1.5%, due to a widespread decline in technology shares, amid concerns about imminent American customs duties on Canada, Mexico and China.
The investment plans set by TSMC support Trump’s goal of making the United States dominant in the field of artificial intelligence and it represents the latest technology’s latest investment since his return to power.
Companies such as: Apple, Open AI and Meta pledged more than one trillion dollars, although the scope of these obligations is still unclear.

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