Under the CHIPS Act, TSMC committed to invest $65 billion to build three factories in Arizona. The production process it committed to bringing to the United States is a legacy technology that makes less sophisticated chips than the ones it produces in Taiwan. It received $6.6 billion in federal funding to support the project.

The meeting comes as the White House said it is set to announce a more than $100 billion investment in the United States by a chipmaker from Taiwan, amid a push by Trump to encourage investments in American manufacturing.

TSMC will begin mass production of its next-gen A16 process technology in the second half of 2026 in Taiwan, while a third Arizona fab is coming in 2028.

TSMC CEO C.C. Wei is set to announce a $100 billion investment in U.S. semiconductor manufacturing, involving new factories and partnership with the government. This move aligns with U.S. initiatives to boost domestic production and reduce reliance on Asian semiconductors.

Apple’s chipmaking partner, TSMC, is reportedly about to announce a $100 billion investment in US-based manufacturing.