TSMC to invest $100 bn in US expansion on strong customer demand: CEO

Taiwanese chipmaker Taiwan Semiconductor Manufacturing Company Limited (TSMC) has said it was expanding investment in the United States because of strong customer demand. This comes after CEO CC Wei met Donald Trump at the White House earlier this week where the US President announced the company’s $100 billion investment.

Addressing a joint press conference at Taiwan’s Presidential Office on Thursday, Wei said the company’s production lines in the US are already fully booked for this year and the next two years.