Taiwan’s president William Lai Ching-te has committed $100 billion to invest in the U.S. chip industry. He hopes the investment will enable the island nation to build supply lines for its chip manufacturing that don’t require Chinese products. The plan is to build three chip foundries in Arizona, one of which has already begun operations.
$100 billion Arizona chips project will break dependence on China, Taiwan’s president says – NBC News
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Taiwan’s President William Lai Ching-te said that a Taiwanese semiconductor company’s massive investment in Arizona is the “best model” for the island’s effort to build computer chips supply lines that don’t rely on Chinese producers, in remarks to the state’s visiting Governor Katie Hobbs.
Taiwan’s leading chipmaker TSMC has committed $100 billion to build three chip foundries, an R&D center and two packaging facilities in Arizona, on top of a previous pledge to build $65 billion in three chip foundries in the state, one of which has begun operations.
Lai and TSMC say that the latest mega-investment stemmed from customer demand and not pressure from the administration of President Donald Trump.
Trump previously said that Taiwan had taken away the U.S. chip business and that he wanted it back.
