White House Touts U.S. Semiconductor Factories by Chip Giant TSMC
The new deal should help bolster American semiconductor manufacturing capacity and supply chain independence.

The new deal should help bolster American semiconductor manufacturing capacity and supply chain independence.
WASHINGTON April 8, 2024 —The Department of Commerce on Monday announced a deal with the Taiwan Semiconductor Manufacturing Company to build new semiconductor factories on American soil.
The new facilities will produce and manufacture what the administration called “the most advanced chips in the world,” according to the department’s press release. The new investments will place the United States in position to churn out 20 percent of the world’s semiconductors by 2030, up from 12 percent today.
Fiber deployment emerges as a common thread despite vastly different market conditions.
Permitting delays, transmission backlogs, siting fights, and supply chain gaps top the list.
The agency is investigating the company, along with Comcast and Verizon, over diversity practices.
Outdated permitting systems could stymie nuclear projects needed for tomorrow’s data centers, panelists said.