💨 Abstract

TSMC CEO C. Wei is scheduled to meet with President Donald Trump to discuss TSMC's planned $100 billion investment in the US, including the addition of a third Arizona factory by 2030. The investment is part of a larger effort to boost domestic semiconductor production and reduce reliance on Asian-made semiconductors, with the US government providing subsidies under the CHIPS and Science Act.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖