Taiwan chip giant TSMC to build $12bn US plant

Taiwan chip giant TSMC to build $12bn US plant

May 21, 2020

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TAIPEI - Taiwanese computer chip giant TSMC announced Friday it will spend $12 billion on a state-of-the-art semiconductor foundry in the United States, creating thousands of jobs.

The announcement is a win for President Donald Trump who has pushed for major chipmakers to set up shop inside the US.

Taiwan chip giant TSMC to build $12bn US plant