Transactional approach: Taiwan invests $100 billion in the US economy to “pay for” American security guarantees

On March 4, 2025, Taiwanese chip giant Taiwan Semiconductor Manufacturing Co (TSMC) announced its intention to invest at least $100 billion in high-tech manufacturing in the United States.

This decision resulted from talks between the company’s CEO, C.C. Wei, and President Donald Trump at the White House. In particular, TSMC announced the construction of three chip plants, two advanced chip packaging plants, and a new research center in the United States.

This will bring TSMC’s total investment in the United States to a record $165 billion, more than Taiwan’s state budget for 2025.