Taiwan says its companies plan to invest another $20 billion in US

PUBLISHED Sep 2, 2026, 12:30 AM ET

Taiwanese technology firms plan to invest an additional $20 billion in the United States, driven by growing global demand for artificial intelligence applications. Taiwan Economy Minister Kung Ming-hsin announced the pledge on Wednesday at the SEMICON trade show in Taipei alongside U.S. officials. The investment follows a comprehensive assessment conducted by Taiwan's Ministry of Economic Affairs following the SelectUSA Investment Summit in May. The new commitments build on chipmaker TSMC's previously announced expansion in Arizona, which raised its total planned U.S. investment to $265 billion. U.S. Commerce Department official Bill Frauenhofer welcomed the news, stating it strengthens domestic semiconductor supply chain resilience under the federal CHIPS Act initiative. While specific participating companies were not detailed, the investments target chip and AI supply chains. The move comes amid continued efforts by U.S. policymakers to expand domestic semiconductor manufacturing and ongoing political discussion regarding global technology production.

By Lauren Mitchell | JQJO News

Media Bias

Articles Published:: 31
Right Leaning:: 6
Left Leaning:: 8
Neutral:: 17

Explain Framing

Left: Highlights federal CHIPS Act success in domesticating critical tech manufacturing. Center: Reports factual capital investment details, official statements, and economic context. Right: Focuses on domestic economic growth while raising concerns on trade.