Taiwan Semiconductor Manufacturing will again expand its Phoenix complex, to a new $165 billion stake. The move aims to avoid tariffs.

Microchips are the data-processing brains and components that power modern machines, appliances, automobiles, aircraft and tanks. TSMC develops some of the most advanced microprocessors in the world.

The White House has finalized a deal for a $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. for its Arizona factory, including a big up-front payment.

Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building ... in the Roosevelt Room at the White House in Washington, D.C., U.S ...

During a White House event, Mr. Trump said that TSMC’s investment would reduce America’s national security risk and encourage other companies to make more of their products in the United States.

It was a surprise ceremony at the White House presided over by President Donald Trump to unveil a $100 billion investment from what he called the world’s most powerful company, Taiwan ...

Trump made the announcement in the White House Roosevelt Room alongside the company's CEO, C.C. Wei. ... TSMC was promised $6.6 billion in funding under the Biden-era CHIPS and SCIENCE Act of ...