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Tuesday, August 18
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Home»Business»Trump says Taiwan doubling the scale of Arizona chipmaking plant funding
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Trump says Taiwan doubling the scale of Arizona chipmaking plant funding

Buzzin DailyBy Buzzin DailyJuly 1, 2026No Comments2 Mins Read
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Trump says Taiwan doubling the scale of Arizona chipmaking plant funding
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Cerebras Techniques CEO Andrew Feldman particulars the corporate’s AI chip manufacturing and addresses competitors with NVIDIA on ‘The Claman Countdown.’

President Donald Trump on Wednesday stated that Taiwan is doubling the scale of the chipmaking crops underneath building in Arizona, including that it may assist the U.S. share of the chip market rise to 50% by the tip of his time period.

“We’re creating extra jobs, we’ve extra individuals working at this time than have ever labored within the historical past of our nation. It is nice and that is earlier than these locations opened,” Trump stated earlier than his departure from Joint Base Andrews.

The president stated that new chip crops will probably be opening up over the following yr and that chipmakers from Taiwan, such because the trade chief TSMC, are including to their investments within the U.S.

“The largest firm on the planet, really, the chipmaker. However they’re coming in, they’re constructing in Arizona, they usually simply introduced they’ll double the scale. We may have 50% of the chip market by the point I go away workplace. You realize what we’ve now? Nothing,” Trump added.

US, TAIWAN COME TO $250B ‘AMERICA FIRST’ TARIFF DEAL OVER SEMICONDUCTORS

The Taiwan Semiconductor Manufacturing Firm (TSMC) has dedicated about $165 billion to constructing out chipmaking capability within the U.S. in recent times. (Rebecca Noble/Bloomberg by way of Getty Photographs)

FOX Enterprise reached out to Taiwan Semiconductor Manufacturing Firm for remark.

This can be a growing story. Please verify again for updates.

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