- TSMC begins working on its third semiconductor production facility
- Slighter acquisition of permission and tariffs affected the move, says the US Trade Secretary
- TSMC’s quarterly turnover rose 41.6%but it still keeps an eye on duty -induced concerns
Taiwan Semiconductor Manufacturing Company (TSMC) has started with the construction of a third chip plant in Arizona according to South China Morning Posts Reporting as the company continues to expand operations in the United States.
The message coincided with trade secretary Howard Lutnick’s visit to the scene and highlighted the political significance of TSMC’s US investment in the midst of the ongoing trade war.
Powered by Trump’s push for domestic production, supported by fierce tariffs on imports from certain countries, the project marks the largest foreign investment in American history.
TSMC invests in more US CHIP Manufacturing
Although the TSMC flies under the radar among consumers, the Taiwanese company is an important supplier for Apple and Nvidia. Liberation of manufacture in the United States would certainly help the companies that depend on the TSMC keep costs down in the midst of fear that customs can affect sales.
In March 2025, the company announced plans to invest $ 100 billion in the US semiconductor production industry in the next four years, adding its existing investment of $ 65 billion in Arizona.
Talking with CNBCLutnick criticized slow permission and regulatory processes that previously inhibited businesses’ efforts to move to the United States. “And what you saw today is that they needed a few permits. We got these permissions super fast. And here we go. They build it. So that’s the idea,” Lutnick said.
To repeat that TSMC’s plans mark the “largest foreign direct investments ever made in the United States of America,” Lutnick emphasized that domestic manufacturing actions in the name of national security.
In addition to the upcoming efforts, TSMC’s CEO CC Wei confirmed this month’s quarterly revenue call that its other plant is already in the process of increasing operations. Its first plant has also entered into production with high volume, where yield matches them in Taiwan.
The TSMC confirmed earlier this month that its income in the first quarter rose a staggering 41.6%. CFO Wendell Huang added: “While we have not seen any changes in our customers’ behavior so far, uncertainties and risks from the potential impact of customs policies are found.”
