Taiwan chipmakers add $20 billion to US investment plans
Taiwanese semiconductor and AI server firms are pouring another $20 billion into US factories, good news for American chip jobs but a sign Taiwan's tech base is spreading abroad.
- Taiwan's economy minister said companies added $20 billion in new US investment on top of $35 billion pledged in May, bringing this year's total to $55 billion.
- Order books for AI servers and chips keep growing, which is what is pushing the firms to build closer to American customers.
- Money is flowing the other way too — foreign investment into Taiwan jumped 78% in the first seven months, led by Micron and a $3.5 billion Nvidia stake in MediaTek.
- Taipei and Washington plan to widen the partnership beyond chips into biotech and natural gas.
- The announcement came as Taipei's big annual chip show opened, with over 1,300 companies exhibiting and a US pavilion backed by eleven state economic groups.
Outlook: Expect more Taiwanese plants announced on US soil in the coming months, with the government promising to help clear the way.