Trump Again Names Taiwan, Claims TSMC's Arizona Plant Expansion Will Help U.S. Chip Market Share Reach 50%

Former U.S. President Donald Trump has asserted that Taiwan is significantly expanding its semiconductor manufacturing presence in Arizona, a move he claims will bolster American chip market share. During a recent media interview, Trump stated that Taiwan is doubling the size of the wafer fabrication plant currently under construction in Arizona.

According to Trump, this expansion by Taiwan Semiconductor Manufacturing Company (TSMC) is crucial for achieving his goal of increasing the U.S. chip market share to 50% before his potential term concludes. He emphasized the job creation aspect, noting that these new facilities, expected to become operational within the next year, are contributing to historically high employment numbers even before full production begins.

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They came to the United States, set up a factory in Arizona, and now they've announced they're doubling the size.

"They came to the United States, set up a factory in Arizona, and now they've announced they're doubling the size," Trump said. "When I leave office, we might have 50% of the chip market. Do you know how much we have now? Nothing."

However, TSMC has remained tight-lipped regarding Trump's statements. The global contract chip manufacturer has offered no confirmation or comment on the alleged doubling of its Arizona plant's scale. This lack of official verification leaves the extent of the expansion and its direct impact on U.S. market share open to speculation.

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When I leave office, we might have 50% of the chip market. Do you know how much we have now? Nothing.