News

TSMC plans $100 billion investment for US factories

TSMC and Trump announce $100 billion plan for five new chip factories in the US, addressing semiconductor reliance and national security.

Published

11 months ago

March 5, 2025

Ahron Young

TSMC and Trump announce $100 billion plan for five new chip factories in the US, addressing semiconductor reliance and national security.

In Short

TSMC will invest $100 billion in the US to build five new chip facilities, aiming to reduce reliance on Asian production amidst rising tensions over Taiwan. This expansion, supported by the CHIPS and Science Act, is set to create 40,000 jobs and reaffirms TSMC’s commitment to advanced chip production while navigating geopolitical challenges.

Taiwan Semiconductor Manufacturing Company (TSMC) has announced a $100 billion investment in the United States to build five new chip facilities. This decision was revealed by TSMC’s CEO, C.C. Wei, during a meeting with President Donald Trump at the White House.

The investment aims to decrease reliance on Asian semiconductor production amid rising tensions over Taiwan, a major chip producer. The expansion includes three new fabrication plants, two packaging facilities, and a significant research centre.

This initiative follows an increase in planned U.S. investment by TSMC, which aims to create 40,000 construction jobs over four years.

TSMC faced delays on its first Arizona plant, and production is expected to begin in 2024.

Nvidia impact

The company’s increased costs are a concern, particularly as it partners with major firms like Nvidia and Qualcomm. The announcement aligns with Trump’s campaign promise to support domestic industries and create jobs.

Taiwan’s government will review the overseas investment as per local laws, viewing it as beneficial for Taiwan’s competitiveness.

The announcement highlights TSMC’s commitment to maintaining advanced chip production in Taiwan while expanding in the U.S.

News

U.S. envoys head to Moscow as Ukraine peace talks accelerate

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Published

10 hours ago

January 22, 2026

Harvey Vargas

U.S. envoys to meet Putin, signaling a potential shift in Ukraine war diplomacy.

Senior U.S. envoys are preparing to meet Russian President Vladimir Putin as diplomatic efforts around the war in Ukraine gather pace. The visit comes after Russia formally requested high-level talks, signalling a potential shift in momentum.

Special Envoy Steve Witkoff and Jared Kushner are set to travel to Moscow following months of behind-the-scenes discussions. The move underscores Washington’s willingness to engage directly as negotiations enter a more decisive phase.

With global attention fixed on the outcome, the meeting could shape the next chapter of the conflict — and determine whether diplomacy can finally overtake military escalation.

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#UkraineWar #RussiaUkraine #PeaceTalks #GlobalPolitics #USRussia #BreakingNews #Geopolitics #TickerNews

News

Trump drops tariff threat after Greenland framework deal

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

Published

10 hours ago

January 22, 2026

Harvey Vargas

Trump announces Greenland deal, easing tariff threats amid trade tensions, boosting US markets and sparking Arctic diplomacy debate.

U.S. President Donald Trump has announced a framework deal involving Greenland, stepping back from earlier threats to impose tariffs on Europe. The shift comes after heightened global concern over trade tensions and geopolitical stability.

The announcement followed Trump’s appearance at the World Economic Forum in Davos and discussions with NATO’s Secretary General.

Denmark’s Foreign Minister has since weighed in, responding to speculation surrounding Greenland’s future and the implications of US involvement.

Markets reacted positively, with US stocks rallying after Trump signalled he would abandon the tariff threats.

While Trump reiterated he would not use force to acquire Greenland, the move has sparked renewed debate about diplomacy, trade, and influence in the Arctic region.

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#DonaldTrump #Greenland #USTrade #Tariffs #GlobalMarkets #USPolitics #WorldNews #Ticker

News

Coalition cracks deepen as Nationals break ranks over Labor reforms

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

Published

1 day ago

January 21, 2026

Harvey Vargas

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.

Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.

Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.

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#AustralianPolitics #Coalition #Nationals #Labor #Senate #PoliticalDrama #TickerNews #BreakingPolitics