President Donald Trump is poised to announce a monumental $100 billion investment in the United States by Taiwan Semiconductor Manufacturing Company (TSMC). The announcement, which is anticipated to take place on Monday, will detail the establishment of state-of-the-art chip-making facilities across the country. This significant development was initially reported by The Wall Street Journal earlier this week, catching the attention of industry leaders and stakeholders.
The formal announcement by President Trump will be part of a broader multibillion-dollar artificial intelligence infrastructure initiative, previously unveiled last month. This extensive project involves prominent tech entities such as Oracle, OpenAI, and Softbank, aiming to bolster the United States' position in the global technology landscape. The TSMC investment marks a pivotal step in this venture, promising substantial advancements in chip manufacturing capabilities within the U.S.
The scheduled live stream for this major announcement will commence at 1:30 p.m. ET. Viewers are advised that the stream can be refreshed if it does not appear immediately at the designated time. Those interested in witnessing this landmark moment can access the live broadcast on the dedicated webpage.
The proposed cutting-edge facilities by TSMC are expected to significantly enhance the technological infrastructure within the United States. As global demand for advanced semiconductors continues to surge, this strategic investment underscores a commitment to strengthening domestic production and reducing reliance on foreign manufacturing.
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