Taiwan chipmaker planning to spend another $100B on US manufacturing expansion

Summary

Taiwan Semiconductor Manufacturing Company (TSMC) plans to spend another $100 billion in the U.S. to build more chip facilities, the company announced Thursday. The chipmaker’s investment will be directed toward constructing several more semiconductor and advanced packaging fabrication plants in Arizona “to support the strong multiyear demand from our leading U.S. customers,” TSMC CEO C.C.…