Factbox-Taiwan contract chipmaker TSMC's US investments


FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at its fabrication plant in Kaohsiung, Taiwan, June 7, 2025. REUTERS/Ann Wang/File Photo

Jan 16 (Reuters) - The U.S. ‌and Taiwan reached a trade deal on Thursday under which Taiwanese companies will invest $250 billion to ‌boost production of semiconductors, energy and artificial intelligence in the United States.

The agreement includes $100 billion ‌already committed by semiconductor giant TSMC in 2025, with more to come, according to U.S. Commerce Secretary Howard Lutnick.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Meta begins job cuts as it shifts from metaverse to AI devices
Fury over Grok sexualised images despite new restrictions
Japan probing Musk's Grok AI service over inappropriate images
Italy probes Microsoft's unit over sale practices for 'Call of Duty' and 'Diablo' video games
TikTok to tighten age checks in Europe as regulators ramp up pressure
Beware of online ads with elaborate backstories. They may not be from a real small business
OpenAI expects another ‘seismic shock’ from China amid speculation of new DeepSeek release
BBC to strike content deal with YouTube, FT reports
Anthropic appoints Microsoft veteran Irina Ghose as India MD
An app’s blunt life check adds another layer to the loneliness crisis in China

Others Also Read