TSMC expanding Arizona presence, pouring another $100B into US operations

PHOENIX – The Taiwan Semiconductor Manufacturing Co. will expand its presence in Arizona by pouring another $100 billion into its U.S. operations, the global chipmaking giant announced Monday.

President Donald Trump broke the news about the massive new investment at the White House along with TSMC CEO C.C. Wei.

“I think mostly it’s going to be in Arizona, which is what I understand, which is a great state. I like it because I won it, but I won most of them actually,” Trump said.

TSMC already has major investment in Arizona

TSMC already has invested $65 billion to build three factories, or fabs, as they are known in the semiconductor industry, in north Phoenix.

More than 3,000 people currently work for TSMC in Arizona. The first Phoenix factory started mass chip production in late 2024.

Wei said the new investment will go toward three more fabs plus two “very advanced” packaging facilities and an important research and development center in Arizona.

“This investment further strengthens domestic chip manufacturing, reduces reliance on foreign supply chains and enhances national security,” Phoenix Mayor Kate Gallego said in a statement. “Billions in investment and thousands of high-tech, high-paying jobs illustrate how TSMC is a partner in cementing Phoenix as a global leader in semiconductor production.”

TSMC is the world’s biggest semiconductor manufacturer, producing chips for companies including Apple, Intel and Nvidia.

The $165 total billion investment “is going to create thousands of high-paying jobs,” Wei said.

The chips made in the Grand Canyon State will help power artificial intelligence technology and other innovations.

Arizona leaders celebrate TSMC announcement

“This is huge news for Arizona that officially cements our state as a global hub for building the most advanced microchips in the world and will put tens of thousands of Arizonans to work in good-paying jobs that do not require a four-year degree,” Democratic U.S. Sen. Mark Kelly of Arizona said in a statement.

Arizona is now on track to produce 20% of the world’s most advanced semiconductors, according to Republican U.S. Rep. Abe Hamadeh of Arizona’s 8th Congressional District, which includes the sprawling TSMC Phoenix campus.

“Earlier this month, my team met with representatives of TSMC to discuss their plans for future jobs in Arizona, which should focus on tapping into our veteran workforce,” Hamadeh said in a statement. “They are clearly committed to President Trump’s American first manufacturing agenda, bringing high-paying employment opportunities to CD8, allowing U.S. leaders to increase the quality of life for our residents.”

The Associated Press contributed to this report.

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