iPhone chip maker TSMC plans $100 billion US investment
Apple’s iPhone processor supplier TSMC is reportedly about to announce a further $100 billion investment in the United States.
Following Apple’s announcement of a $500 billion for US manufacturing — even if the money is less new investment than Apple suggests — TSMC is said to be committing its own billions to the country. It’s an expansion that comes on top of the chip maker’s existing investment in creating processor foundries in Arizona.
According to the Wall Street Journal, President Trump will announce the $100 billion investment before the end of March 3, 2025. The money is to be used on chip-making production, though it is not known yet whether that means creating new factories or expanding the Arizona foundries.
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Source: AppleInsider News
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