US, Taiwan Reach $500 Billion Chips Deal

The U.S. commerce secretary said he expects TSMC to double its presence in the U.S. and the industry to build out ‘giant semiconductor industrial parks.’

A sample of a semiconductor chip made by Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at the Cybersec 2025 conference and expo in Taipei, Taiwan, on April 15, 2025. I-Hwa Cheng/AFP via Getty Images

The U.S. Commerce Department announced a massive U.S.-Taiwan chips deal on Jan. 15, which is expected to go a long way in reshoring American semiconductor manufacturing.

It includes a minimum of $250 billion in direct investment from Taiwanese tech enterprises in chips, energy, and artificial intelligence innovation in the United States, as well as credit guarantees by the Taiwanese government for another $250 billion in other Taiwanese investments to expand the chip supply chain in the United States.