Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Study Finds Lower Rates of Overweight Among Vegan-Fed Cats

    October 23, 2026

    Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says

    October 23, 2026

    Magnitude 7 earthquake in Tibet kills 16 and injures dozens

    October 23, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    Odisha SunOdisha Sun
    • Automotive

      Jaguar Type 01 electric GT debuts with 1,030 PS

      October 7, 2026

      Porsche to cut 5000 more jobs under restructuring plan

      July 28, 2026

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

      May 18, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026
    • Business

      Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says

      October 23, 2026

      Japan posts 536.6 billion yen trade deficit in September

      October 23, 2026

      Korean exports double to $61.6 billion on chip shipments

      October 22, 2026

      Brent oil touches $110 for first time since May

      October 17, 2026

      Egyptian expat remittances surge 27.2% to $33.9 billion

      October 16, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Moscow hosts historic 47th international festival

      April 19, 2025

      Dubai Studio City joins Broadcast India Show as Platinum Partner

      October 10, 2024

      Legal action against ‘Ketamine Queen,’ doctors in Perry overdose

      August 17, 2024
    • Health

      SGU urges risk-based breast cancer screening in Africa

      October 22, 2026

      WHO launches 2030 plan for 24-hour health threat detection

      October 13, 2026

      EU announces investment in health of almost €170M plan

      October 10, 2026

      Psyllium fiber linked to better blood sugar control

      October 6, 2026

      DR Congo Ebola outbreak reaches 8,376 confirmed cases

      October 5, 2026
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • Luxury

      Global luxury market contracts for first time since Great Recession

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Magnitude 7 earthquake in Tibet kills 16 and injures dozens

      October 23, 2026

      Abu Dhabi Crown Prince arrives in Athens for official visit

      October 22, 2026

      Japan launches spacecraft to explore moons of Mars

      October 21, 2026

      Abdullah bin Zayed meets Indian Foreign Minister in Mumbai

      October 20, 2026

      UAE and French presidents discuss strategic cooperation

      October 20, 2026
    • Sports

      Ballon d’Or 2026 nominees confirmed for London ceremony

      September 9, 2026

      Lionel Messi retires from Argentina after 21-year record run

      September 1, 2026

      Portugal fall to Spain as Ronaldo legacy closes

      July 7, 2026

      Brazil exits World Cup after Norway Round of 16 victory

      July 6, 2026

      Oyarzabal brace sends Spain past Austria at World Cup

      July 3, 2026
    • Technology

      Russian, Chinese scientists develop ultrasonic welding method

      October 21, 2026

      Samsung unveils AI memory strategy and AMD CXL demo at OCP

      October 16, 2026

      Meta debuts Muse Wonder models for AI agents and coding

      October 13, 2026

      EU proposes secure EUCCS network linking first responders

      October 1, 2026

      Apple adds first foldable iPhone to lineup with iPhone Duo

      September 16, 2026
    • Travel

      Türkiye targets $70 billion in tourism revenue in 2027

      October 21, 2026

      Air Arabia adds new Sharjah to Amman City Airport route

      October 9, 2026

      Air Arabia restores daily Ras Al Khaimah Kozhikode flights

      October 7, 2026

      flydubai showcases growing Syria network at Damascus show

      September 29, 2026

      Fleet expands as Emirates enters winter season with strong bookings

      September 15, 2026
    Odisha SunOdisha Sun
    Home » TSMC unveils $100B investment in U.S. semiconductor manufacturing expansion
    Business

    TSMC unveils $100B investment in U.S. semiconductor manufacturing expansion

    March 4, 2025
    Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email

    Taiwan Semiconductor Manufacturing Co. (TSMC) will invest an additional $100 billion in U.S. chip production, the company and President Donald Trump announced Monday, expanding its existing $65 billion commitment in Arizona. TSMC, the world’s leading semiconductor manufacturer, is increasing its U.S. footprint amid rising geopolitical tensions in Taiwan and broader efforts to strengthen American chip production.

    The investment supports a bipartisan push to expand domestic semiconductor capacity, a key component of national security and artificial intelligence advancements. The company had already pledged to build three manufacturing facilities in north Phoenix, with the first plant beginning mass production of 4-nanometer chips late last year. Two additional factories are under construction and will produce advanced 2-nanometer semiconductors once operational.

    The U.S. government has provided substantial financial support for TSMC’s expansion. The Biden administration finalized a $6.6 billion grant agreement with the company last November under the CHIPS and Science Act, a $280 billion initiative aimed at revitalizing U.S. chip production. Monday’s announcement comes as TSMC reportedly weighs a bid to acquire part of Intel’s struggling semiconductor manufacturing business, a move the media reported was encouraged by Trump administration officials.

    The investment is part of a wave of large-scale commitments by major tech giants to expand U.S. manufacturing. Apple recently announced plans to invest over $500 billion domestically, including advanced silicon production at TSMC’s Phoenix facilities. Meanwhile, a consortium that includes Oracle and OpenAI has pledged $500 billion for AI infrastructure under the Stargate project. Trump, who appeared at the White House alongside TSMC CEO C.C. Wei, described the investment as a critical step for economic and national security.

    Wei said the additional funding will support two more semiconductor fabrication plants and a packaging facility in Arizona. The announcement underscores the competitive dynamics shaping global semiconductor supply chains. During the COVID-19 pandemic, chip shortages disrupted industries worldwide, including automobile manufacturing, and high inflation. The U.S. has since sought to reduce its reliance on foreign production through incentives and policy measures, while Trump has proposed high tariffs on imported chips to further accelerate domestic manufacturing.

    In recent months, Trump has engaged with business leaders to highlight private-sector investments in U.S. infrastructure. In January, he hosted executives from OpenAI, Oracle, and SoftBank to announce a $500 billion AI-related investment, followed by a meeting with Apple CEO Tim Cook, after which Apple pledged to expand its U.S. manufacturing operations. TSMC’s latest investment signals continued momentum in America’s semiconductor industry as the country seeks to secure supply chains and drive technological innovation. – By MENA Newswire News Desk.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says

    October 23, 2026

    Japan posts 536.6 billion yen trade deficit in September

    October 23, 2026

    Korean exports double to $61.6 billion on chip shipments

    October 22, 2026

    Brent oil touches $110 for first time since May

    October 17, 2026

    Egyptian expat remittances surge 27.2% to $33.9 billion

    October 16, 2026

    Oman electricity output grows as water production declines

    October 12, 2026
    Latest News

    Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says

    October 23, 2026

    Magnitude 7 earthquake in Tibet kills 16 and injures dozens

    October 23, 2026

    Japan posts 536.6 billion yen trade deficit in September

    October 23, 2026

    Abu Dhabi Crown Prince arrives in Athens for official visit

    October 22, 2026

    Korean exports double to $61.6 billion on chip shipments

    October 22, 2026

    SGU urges risk-based breast cancer screening in Africa

    October 22, 2026
    © 2026 Odisha Sun | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.