Trump Projects 50% U.S. Chip Market Share as Taiwan Expands Arizona Facilities

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President Donald Trump stated on Wednesday that Taiwan is doubling the footprint of chipmaking facilities under construction in Arizona, predicting that U.S. participation in the semiconductor market could reach 50% by the close of his term.

He emphasized that the administration is creating record‑level employment, noting that more people are working now than ever before in the nation’s history, even before these plants become operational.

The president indicated that additional chip manufacturing sites will open in the coming year, highlighting that Taiwanese firms, led by industry pioneer TSMC, are expanding their U.S. investments.

“The world’s largest chipmaker is among those establishing operations in Arizona, and they have just announced plans to double the size of their planned facility,” Trump added. “By the end of my presidency we could control half of the global chip market. Currently we have virtually nothing.”

The Taiwan Semiconductor Manufacturing Company (TSMC) has earmarked roughly $165 billion for expanding chipmaking capacity in the United States in recent years. (Rebecca Noble/Bloomberg via Getty Images)

FOX Business reached out to Taiwan Semiconductor Manufacturing Company for comment.

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