In a live press conference at the White House yesterday, TSMC Chairman and CEO CC Wei announced the company’s intention to expand its U.S. investment to $165 billion to power the future of AI. This is a historic foreign direct investment in the U.S. happening right in our backyard. More than ever, our team at Shan Strategies is excited to continue working with you to prepare learners for these high-tech jobs.

News highlights and full press release:

Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Arizona, TSMC’s total investment in the U.S. is expected to reach $165 billion.
The expansion includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center, solidifying this project as the largest single foreign direct investment in U.S. history.
TSMC’s expanded investment is expected to support 40,000 construction jobs and create tens of thousands of high-paying, high-tech jobs in advanced chip manufacturing and R&D.

You can also watch the replay of the White House press conference.

*Aerial footage of TSMC Arizona site, provided by TSMC Arizona*

TSMC Arizona will know and share more in the coming weeks. As our education and workforce partners, we’ll be sure to keep you posted.