2025-03-04
From a defense standpoint, not only is this development beneficial to the U.S., but it's also beneficial to the wider globe. TSMC produces over 90% of the world's most advanced chips, and that can't be lost to China. Other countries should be thanking the Trump administration.
Axios
At a press conference with Trump, TSMC CEO CC Wei says the company plans to invest $100B+ in US chips over four years, on top of its $65B commitment in Arizona
- It's also part of the bipartisan U.S. national security push to increase domestic chips production and accelerate the AI economy.