Against a backdrop of advancing Chinese production, TSMC announces another $100 billion worth of chipmaking will be invested in the US

TSMC, the world’s biggest chipmaker, has reportedly just announced it plans to invest another $100 billion in the US (via AP News) to expand its chip production in the country. ‘Another’, that is, on top of the $100 billion the company committed to last year.That previous $100 billion was in addition to the $65 billion…