Apple’s chipmaking partner, TSMC, is reportedly about to announce a $100 billion investment in US-based manufacturing.
· 2d
TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
· 2d · on MSN
Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
TSMC announcement could actually be a step backwards for US Apple chips
Apple first announced its plan for ‘Made in America’ chips back in 2022, with the news hailed as one of the success stories of the US CHIPS Act. The initiative will see a series of TSMC chipmaking plants built in Arizona, with some of the production reserved for Apple chips for older devices.
TSMC announces an additional $100 billion investment in the US, expanding its total investment in Phoenix, Arizona to $165 billion. The expansion includes three new fabrication plants, two packaging facilities,
Trump said TSMC’s plans would create “many thousands” of high-paying jobs and described the production of AI chips within the US as a “matter of economic security” for the country.
Apple’s pledge to spend $500 billion to onshore production means a boost for TSMC’s massive chip factory in Phoenix. President Donald Trump chalked up Apple CEO Tim Cook’s move to Trump’s tariff threat.
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The investment will go into building three new fabrication plants in Phoenix, Arizona, as well as two packaging facilities and a research center.
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The company had already begun constructing three plants in Arizona after the Biden administration offered billions in subsidies.
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