President Trump has inked another massive $100 billion deal with Taiwan Semiconductor Manufacturing Company (TSMC) to produce chip manufacturing plants in the United States.
President Trump made the announcement on Monday afternoon with Commerce Secretary Howard Lutnick and TSMC CEO C.C. Wei.
WATCH:
Trump: Today, Taiwan Semiconductor is announcing that they will be investing at least $100 billion in new capital in the United States over the next short period of time to build state of the art semiconductor manufacturing facilities.
I think, mostly, it’s going to be in Arizona, which is what I understand, which is a great, a great state. I like it because I won it. But I want most of them, actually, but I did we won it, and we won it big.
The most powerful AI chips in the world will be made right here in America, And it’ll be a big percentage of the chips made by his company, but as you know, they’re based mostly in Taiwan, and they’re far and away the biggest; there’s nobody even close this $100 billion in new investment will go into building five cutting edge fabrication facilities in the great state, as we just discussed, Arizona.
And we’ll create thousands of jobs, many thousands of jobs, and they’re high-paying jobs. In total, today’s announcement brings Taiwan Semiconductor investments to about 1$65 billion they’ve started already.
This comes after President Trump announced that Apple will invest $500 billion, adding over 26,000 jobs to the U.S. market.
As noted by OANN correspondent Daniel Baldiwin, America is in a “domestic manufacturing renaissance,” as President Trump has secured nearly $2 trillion in foreign investments since taking office less than two months ago.
Trump has secured:
– $100 billion from TSMC;
– $500 billion from Apple;
– $27 billion from Zepbound;
– $100 billion from Softbank;
– $20 billion from DAMAC;
– $500 billion from Stargate;
– $600 billion from Saudi Arabia.Sounds like a domestic manufacturing renaissance to me!
— Daniel Baldwin (@baldwin_daniel_) March 3, 2025
TSMC CEO C.C. Wei thanked President Trump for the opportunity to make this investment Monday, to produce “the most advanced chip made on U.S. soil.”
WATCH:
Previously, under Biden, TSMC invested $65 billion after receiving a $6.5 billion grant from the Biden Regime’s CHIPS Act. But President Trump, in two months–not four years–has secured nearly twice the investment without paying a dime.
” you’re seeing the power of Donald Trump’s presidency because TSMC, the greatest manufacturer of chips in the world, is coming to America with a $100 billion investment,” Howard Lutnick said. “that is backed by the fact that they can come here because they can avoid paying tariffs. So the idea is, come to America, build greatness in America, build for the American customers—the apple, Nvidia, that whole list that Chairman Wei gave—in order to bring production to America.”
Lutnick: TSMC received a $6 billion grant, and that encouraged them to build $65 billion. So America gave TSMC 10% of the money to build here, and now you’re seeing the power of Donald Trump’s presidency because TSMC, the greatest manufacturer of chips in the world, is coming to America with $100 billion investment.
And, of course, that is backed by the fact that they can come here because they can avoid paying tariffs. So the idea is, come to America, build greatness in America, build for the American customers—the apple, Nvidia, that whole list that Chairman Wei gave—in order to bring production to America.
So, we’re really, really excited. This continues the most incredible path you’ve ever seen in these first weeks and months of the Trump administration, of incredible manufacturing coming to America. The keys that the President has called out are coming here. They’re coming here in huge size because they want to be in the greatest market in the world, and they want to avoid the tariffs that if they’re not here, they’d have to suffer. So, I want to congratulate C.C. Wei for bringing in this incredible 100 billion dollar investment, but it’s on the shoulders of our president, Donald Trump, which is why He’s coming. So thank you.
The post President Trump Announces New $100 Billion Investment by TSMC in U.S. Chips Manufacturing – Says U.S. Will Account for 40% of Chip Production (VIDEO) appeared first on The Gateway Pundit.