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President Donald Trump announced on Wednesday that Taiwan is set to expand its semiconductor manufacturing facility in Arizona, which he believes could elevate the U.S. semiconductor market share to 50% by the time he concludes his term.
“We’re creating more jobs, and we have more people employed than ever before in our nation’s history, which is impressive. This was already happening before these facilities began operations,” Trump remarked while leaving Joint Base Andrews.
He noted that new chip factories are expected to commence operations within the next year. Taiwan’s chip companies, particularly TSMC, are ramping up their investments in the U.S.
“The largest chipmaker globally is the one building in Arizona, and they’ve just announced plans to double in size. By the end of my term, they could hold 50% of the chip market. Right now? We have essentially nothing,” Trump added.
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The Taiwan Semiconductor Manufacturing Company (TSMC) has reportedly spent around $165 billion recently to enhance its manufacturing capabilities in the U.S.
FOX Business has attempted to reach TSMC for further comments.
Previously, TSMC indicated significant investments in establishing chip facilities in the United States, which included their signing of the US CHIPS Act in November of the previous year. Overall investments are projected to reach $65 billion by 2024, covering three plants in Arizona.
Moreover, in March 2025, TSMC announced a further $100 billion investment aimed at creating a self-sufficient supply chain for artificial intelligence (AI) chips, including three new plants in Phoenix dedicated to advanced AI chip production for smartphones and computer processors, in addition to two advanced packaging facilities and a tech R&D center in Arizona.
At the time, TSMC claimed that this project represented the largest single foreign direct investment in U.S. history, which is expected to generate 40,000 construction jobs over four years, alongside tens of thousands of high-paying roles in chip production and R&D.
This story is still developing; stay tuned for updates.
