Taiwan Semiconductor Manufacturing Co (TSMC) is increasing its U.S. chip investment due to customer demand, according to Chairman and CEO C.C. Wei. The company's latest $100 billion investment plan, in addition to the already committed $65 billion, aims to meet surging demand from U.S. customers. TSMC plans to build three new chip plants, two chip-packaging facilities, and a research and development center. Production lines are fully booked for 2025 and the next two years. Despite the investment, TSMC anticipates production capacity will remain insufficient to meet demand. Meanwhile, Alberta, Canada, is exploring closer ties with the United States. Canadian lawyer Jeffrey Rath is leading a delegation to Washington, D.C., to explore Alberta's potential pathways to independence, U.S. territorial status, or full statehood. Rath stated that Albertans feel culturally and economically aligned with the U.S. Alberta is a major hub for oil, manufacturing, and construction. Rath criticized Canada's carbon tax policies and expressed hope that the Trump administration would support Alberta's self-determination.
TSMC Boosts US Chip Investment Amid Demand; Alberta Eyes Closer Ties with US Under Trump
Edited by: Katya Palm Beach
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