WASHINGTON.- President Donald Trump announced on Monday an investment of 100,000 million dollars of the largest advanced chips manufacturer in the world, the TAIWANASA TSMC, in line with the plan activated years ago by Washington to increase the domestic production of semiconductors.
The plan announced by Trump in the White House contemplates that the Taiwanese giant invests the amount, which adds to another 65,000 million pesos that already promised to disburse last year, over the next few years in Phoenix (Arizona), where it already has a plant that began to operate recently and plans to open two additional in 2028 and 2030.
As explained today by the president and CC Wei, executive director of TSMC, the capital investment would be destined for these three factories and two others (including a directed to the encapsulation of integrated circuits), also located in Arizona.
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With this capital investment, Trump pointed out that between 20,000 and 25,000 new jobs would be created and that EU will be close to producing 40% of the world’s advanced chips.
This extends the disbursement plan on American TSMC soil, which for now had committed to the previous administration to invest about 65,000 million pesos in the US.
Under the administration of Joe Biden, the company was awarded a package of subsidies valued at about 6,600 MDD by virtue of the Chips Law approved in 2022.
The supply of chips is considered in the US a issue of national security – as Trump recalled today – and this standard seeks to attract the production of semiconductors, especially the most sophisticated integrated circuits, to the domestic sphere to depend less on foreign supply chains.
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It is estimated that TSMC, which still concentrates its production mainly in Taiwan, a Cup around 90% of the world market share of advanced integrated circuits, essential for US companies such as NVIDIA or Apple and technologies such as artificial intelligence or the internet of things.
There is uncertainty about whether Donald Trump’s government, which at the time described the 2022 chip law as “very bad”, will maintain that subsidy program.
The Secretary of Commerce, Howard Lutnick, added even more doubts about it, pointing today in the White House that TSMC has pledged to make this additional investment without the need to receive more subsidies and that has done so to “be able to avoid paying tariffs.”
Trump has shuffled the idea of eliminating the chip law and imposing 25% tariffs on large semiconductor manufacturers as a pressure measure to locate greater production volumes on US soil.
With EFE information
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