India, July 22 -- The White House and the Department of Commerce announced an incremental $100 billion investment by TSMC for advanced semiconductor manufacturing and packaging facilities in Arizona. With the additional facilities, TSMC's $265 billion investment will provide a total of 12 facilities in the United States.

This follows the March 2025 announcement with President Trump and Secretary Lutnick in which TSMC agreed to expand its original $65 billion investment commitment by an additional $100 billion. The total planned investment in the United States is now a record $265 billion.

The announcement comes just months after the signing of the historic deal on trade and investment between the U.S. and Taiwan, under the auspices of t...