Taiwan Semiconductor Manufacturing Company has pledged an additional $100 billion to expand its semiconductor production in the United States.
The announcement was made by TSMC's Chairman and CEO, C.C. Wei, who did not provide a specific construction timeline. He stated the schedule would depend on "market situation."
The investment will expand the company's existing US footprint, which includes eight plants already being built or planned.
"We believe this investment will help to further foster the development of the US semiconductor ecosystem, strengthen the supply chain, and support an increasing number of high-tech, high-paying jobs in the United States," Wei said.
The move aligns with a priority for the Trump administration to boost domestic semiconductor production. This focus intensified after shortages during the Covid-19 pandemic exposed critical supply chain vulnerabilities.
President Trump has previously attributed earlier TSMC investment decisions to his threats of tariffs on Taiwan and the global semiconductor industry.
In January, the U.S. and Taiwan reached a trade agreement where tariffs on goods from Taiwan would be reduced to 15% in exchange for hundreds of billions of dollars in investment to boost domestic semiconductor manufacturing.
Commerce Secretary Howard Lutnick welcomed the latest plans, crediting presidential leadership.
"TSMC's announcement of an additional $100 billion investment following our historic deal on trade and investment with Taiwan will create tens of thousands of American jobs and bring advanced semiconductor manufacturing back to America," Lutnick said.