Chip giant TSMC pledges another $100bn to expand US production
This is a monumental announcement from TSMC, underscoring a profound strategic shift in global semiconductor manufacturing and significantly boosting the U.S.’s efforts to re-shore critical technology production. Here’s a breakdown of the key implications: 1. **Massive Investment & Job Creation:** * **Scale:** An additional $100 billion, bringing the total commitment to an astounding $265 billion,
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Economy