Taiwanese Companies Announce Additional $20 Billion US Investment

TAIPEI – Taiwanese companies are planning another $20 billion in investments in the United States, driven by demand for AI applications, Taiwan's economy minister said on September 2 at the SEMICON trade show in Taipei. The announcement came at the opening of the US pavilion, drawing a warm response from a visiting US official.

Taiwan Economy Minister Kung Ming-hsin said Taiwanese companies were "very actively" investing in the US. Since May, when Taiwan attended the SelectUSA Investment Summit, the Ministry of Economic Affairs has been assessing which companies, aside from major chipmaker TSMC, might want to further their investments in the US. The result was an additional $20 billion, Kung said, though he did not provide details on which companies were involved.

Kung attributed the interest to the "extremely lively" demand for AI and chip orders. The investments are part of a broader US strategy to boost domestic semiconductor manufacturing, as the US remains Taiwan's biggest international supporter and arms provider despite the lack of formal diplomatic ties.

The announcement follows TSMC's July announcement of a further $100 billion investment in Arizona, bringing its total planned investment to $265 billion.

US Commerce Department official Bill Frauenhofer, executive director of semiconductor investment and innovation, welcomed the news at the same event. He said the investments demonstrate a "continued shared commitment to a secure, resilient and innovative semiconductor and electronics supply chain."

"These projects will strengthen critical technology capabilities in the US and advance innovations that will shape our collective future for decades to come," Frauenhofer added.

The move is part of a broader effort to strengthen semiconductor supply chains and deepen tech ties between Taiwan and the US. US President Donald Trump has on occasion criticised Taiwan for "stealing" American semiconductor business, but the latest investments signal continued cooperation between the two sides.