SECRETARY LUTNICK:  So, I’m thrilled to be here today, because President Trump has made it a fundamental objective to bring semiconductor chip manufacturing home to America. 

Under the Biden administration, TSMC received a $6 billion grant, and that encouraged them to build $65 billion.  So, America gave TSMC 10 percent of the money to build here.  And now you’re seeing the power of Donald Trump’s presidency, because TSMC, the greatest manufacturer of chips in the world, is coming to America with a $100 billion investment.  And, of course, that is backed by the fact that they can come here because they can avoid paying tariffs. 

So, the idea is: Come to America.  Build greatness in America.  Build for the American customers — the Apple, Nvidia, that whole list that Chairman Wei gave — in order to bring production to America. 

So, we’re really, really excited.  This continues the most incredible path you’ve ever seen, in these first weeks and months of the Trump administration, of incredible manufacturing coming to America.  The keys that the president has called out are coming here.  They’re coming here in huge size because they want to be in the greatest market in the world, and they want to avoid the tariffs that, if they’re not here, they’d have to suffer. 

So, I want to congratulate C.C. Wei for bringing in this incredible $100 billion investment, but it’s on the shoulders of our president, Donald Trump, which is why he’s coming. 

So, thank you.  

Full remarks from the Investment Announcement are available on Whitehouse.gov.