India, July 16 -- Taiwan Semiconductor Manufacturing Company Limited (TSM) is planning to invest an additional $100 billion to expand its chip manufacturing capacity in the United States, according to several media reports.
With this latest announcement, the company's total pledges for investment in Arizona have risen to $265 billion, aiming to boost the development of the U.S. semiconductor ecosystem, strengthen the supply chain, and generate high-tech, high-paying job opportunities in the region.
During the earnings meeting, the company's CEO C.C. Wei stated that an additional four plants would be built in Arizona, along with the eight plants that are being built or planned at present. However, he stressed that the timeline for addition...