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Semiconductor Industry

Remarks by Secretary Lutnick on TSMC Investment Announcement

March 3, 2025

Speeches

SECRETARY LUTNICK: So, I’m thrilled to be here today, because President Trump has made it a fundamental objective to bring semiconductor chip manufacturing home to America. Under the Biden administration, TSMC received a $6 billion grant, and that encouraged them to build $65 billion. So, America gave TSMC 10 percent of the money to build here. And now you’re seeing the power of Donald Trump’s...

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Remarks by Secretary Lutnick on TSMC Investment Announcement