Taiwan Semiconductor Manufacturing Company Limited TSM Confirms 65 Billion US Investment Plans Remain Unchanged Despite Trumps Election
Published on November 16, 2024
Taiwan Semiconductor Manufacturing Company Limited (TSM), the world's largest contract chipmaker, has confirmed that its plans for a $65 billion investment in the United States will remain unchanged despite the recent U.S. presidential election. TSM had announced its investment plans back in May 2020, with the aim of building a state-of-the-art semiconductor facility in Arizona, which would create thousands of high-tech jobs and boost the local economy. The company's decision to proceed with its investment plans despite political uncertainties showcases its commitment to expanding its presence in the U.S. market and supporting the global technology industry. TSM's investment is expected to further strengthen its position as a key player in the global semiconductor industry, fueling innovation and driving technological advancements.
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