Close Menu

    Subscribe to Updates

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

    What's Hot

    Ontario to Lift Fire Restrictions and Travel Bans Starting Thursday Morning

    August 21, 2026

    On Thursday, Experts Warn of Rising Risks for Youth Vaping and Respiratory Health Concerns

    August 21, 2026

    As of April 2024, Keystone XL Revival Tied to U.S.-Canada Trade Discussions Amid Tariff Delays by Trump

    August 21, 2026
    Calgary JournalCalgary Journal
    • Automotive

      Canada EV sales rebound while Saskatchewan lags

      June 22, 2026

      Nissan develops new self-driving system for urban streets

      September 22, 2025

      Dashboard display fault prompts Toyota recall of 70K vehicles in Canada

      September 20, 2025

      Canada pushes EV rollout with new charging stations

      August 29, 2025

      Tesla sales fall 40 percent in Europe while BYD triples registrations

      August 28, 2025
    • Business

      As of Thursday, the dollar hovers near a three-month trough amid declining Treasury yields

      August 20, 2026

      Canadian economy grew 0.3% in May beating flash

      August 1, 2026

      Nova Scotia backs beef processing facility in Cape Breton

      June 29, 2026

      Canadian dollar nears 70 US cents after steep selloff

      June 20, 2026

      Canada sets 10% canned vegetable import tariff

      June 20, 2026
    • Entertainment

      Critics say Ben Affleck understates AI use in film and TV

      January 27, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Disney’s Fantastic Four beats Superman in box office debut

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      On Thursday, Experts Warn of Rising Risks for Youth Vaping and Respiratory Health Concerns

      August 21, 2026

      World Cup host nations align Ebola border measures

      May 30, 2026

      Canada set for generic weight-loss drug arrivals this summer

      March 31, 2026

      Study explains exceptional memory in some people over 80

      January 15, 2026

      Stanford researchers restore cartilage in aging joint models

      January 12, 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

      Price hikes and lack of innovation erode luxury market confidence

      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

      As of April 2024, Keystone XL Revival Tied to U.S.-Canada Trade Discussions Amid Tariff Delays by Trump

      August 21, 2026

      Today’s Highway 401 Closure Triggered by Dump Truck Rollover Incident

      August 20, 2026

      British Columbia wildfire evacuations exceed 20,000

      August 10, 2026

      Australia passes National Disability Insurance Scheme amendments

      August 1, 2026

      Ontario wildfire surge prompts evacuations and road closures

      July 16, 2026
    • Sports

      Canada move on after 1-0 World Cup win over South Africa

      June 29, 2026

      Portugal held by DR Congo in 1-1 World Cup opener

      June 18, 2026

      Argentina beat Algeria as Messi equals World Cup goal record

      June 17, 2026

      Mbappe double lifts France past Senegal at World Cup

      June 17, 2026

      Germany beats Curaçao 7-1 to open World Cup 2026

      June 16, 2026
    • Technology

      We’re subsidizing a technology that will replace millions Andrew Yang warns

      August 21, 2026

      Canada to spend C$900 million on drones and quantum defence

      March 10, 2026

      Google expands Gemini AI in Chrome with task automation features

      January 31, 2026

      Memory driven robots created in Korea to enhance productivity

      October 2, 2025

      Apple iPhone 17 Pro ships with iOS 26 and AI translation

      September 9, 2025
    • Travel

      Ontario to Lift Fire Restrictions and Travel Bans Starting Thursday Morning

      August 21, 2026

      Canada cross border trips to U.S. fell sharply in late 2025

      January 28, 2026

      US immigration screening review suspends Pakistan exempts India

      January 15, 2026

      Canada reassures American tourists while U.S. regions scale back Canada marketing

      January 14, 2026

      Banff upgrades transit to address tourist congestion

      October 14, 2025
    Calgary JournalCalgary Journal
    Home » TSMC to invest additional $100B in U.S. semiconductor manufacturing
    Business

    TSMC to invest additional $100B in U.S. semiconductor manufacturing

    March 3, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    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.

    TSMC to invest additional $100B in U.S. semiconductor manufacturing

    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.

    Related Posts

    As of Thursday, the dollar hovers near a three-month trough amid declining Treasury yields

    August 20, 2026

    British Columbia wildfire evacuations exceed 20,000

    August 10, 2026

    Australia passes National Disability Insurance Scheme amendments

    August 1, 2026

    Canadian economy grew 0.3% in May beating flash

    August 1, 2026

    Ontario wildfire surge prompts evacuations and road closures

    July 16, 2026

    Nova Scotia backs beef processing facility in Cape Breton

    June 29, 2026
    Latest News

    Ontario to Lift Fire Restrictions and Travel Bans Starting Thursday Morning

    August 21, 2026

    On Thursday, Experts Warn of Rising Risks for Youth Vaping and Respiratory Health Concerns

    August 21, 2026

    As of April 2024, Keystone XL Revival Tied to U.S.-Canada Trade Discussions Amid Tariff Delays by Trump

    August 21, 2026

    We’re subsidizing a technology that will replace millions Andrew Yang warns

    August 21, 2026

    Today’s Highway 401 Closure Triggered by Dump Truck Rollover Incident

    August 20, 2026

    As of Thursday, the dollar hovers near a three-month trough amid declining Treasury yields

    August 20, 2026

    British Columbia wildfire evacuations exceed 20,000

    August 10, 2026

    Australia passes National Disability Insurance Scheme amendments

    August 1, 2026
    © 2026 Calgary Journal | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

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