Mackenzie Tatananni
Taiwan Semiconductor Manufacturing plans to invest $100 billion to build out chip-making facilities in the U.S., according to people familiar with the matter.
The company intends to make the investment over the next four years as part of a federal effort that could be announced as soon as later today, The Wall Street Journal first reported.
TSMC didn't immediately respond to a request for comment from Barron's.
The chip maker has been the subject of rumors as of late. TSMC is also reportedly thinking of taking a stake in Intel's struggling foundry business or buying the division outright.
The Taiwanese company was founded in 1987 and only recently began operating in the U.S. In May 2020, TSMC said it planned to build the company's first factory on U.S. soil in Phoenix.
The company has since started construction on two other semiconductor manufacturing facilities at the same site. While mass production at the first factory began in late 2024, the most advanced chip components are still made overseas.
U.S.-listed shares of TSMC climbed nearly 90% in 2024, their best percentage gain since a 290% increase in 1999, according to Dow Jones Market Data. The stock was down 1.2% to $178.36 on Monday.
Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 03, 2025 11:43 ET (16:43 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。