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TSMC CEO to meet with Trump to tout investment plans
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TSMC CEO to meet with Trump to tout investment plans
Mar 3, 2025 7:22 AM

March 3 (Reuters) - TSMC CEO C. C. Wei plans to meet

with President Donald Trump on Monday to discuss the Taiwanese

semiconductor company's investment plans in the United States,

the company said.

In November, the U.S. Commerce Department under then

President Joe Biden finalized a $6.6 billion government subsidy

for the U.S. unit of Taiwan Semiconductor Manufacturing Co ( TSM ) for

semiconductor production in Phoenix, Arizona. In April, TSMC

agreed to expand its planned investment by $25 billion

to $65 billion and to add a third Arizona fab by 2030.

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