TSMC's announcement comes as chip-maker Intel, which has struggled for years with declining sales and lost market share, has been seeking customers for its own factories in the US.

Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.

President Donald Trump urged lawmakers to repeal the CHIPS Act in his address to a joint session of Congress, arguing that tariffs are enough of an incentive for chipmakers.

The investment would help bolster President Donald Trump’s pledge to make the United States dominant in artificial intelligence.

Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.

Intel Corp is further delaying the opening of a much-touted new semiconductor complex in Ohio, marking the latest setback to the chipmaker’s expansion plans. The first plant, originally scheduled to begin operating this year, now would not be completed until 2030, the company said in a statement on Friday.

Arizona has emerged as the world’s go-to destination for companies charting the future of digital technology. Since 2020, Arizona has led the nation in new semiconductor investment, with more than $105 billion announced.

COLUMBUS, Ohio -- Intel’s massive semiconductor project in central Ohio has been delayed, again. On Friday, the company announced that its first chip factory in New Albany wouldn’t open until 2030 or 2031--at least five years later than originally promised.

WASHINGTON - Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s biggest semiconductor manufacturer, will invest $100 billion in the United States, President Donald Trump announced on Monday. "This is a tremendous thing for our country," Trump said on Monday.

A pair of Valley economic leaders weighed in on recent reports big changes might be in the works for how one of the region’s largest semiconductor manufacturers is structured. Both Micah