Trump announces $100 billion TSMC chip investment [Yahoo! Finance]
KAR Auction Services, Inc (KAR)
Last kar auction services, inc earnings: 2/18 05:00 pm
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Source: Yahoo! Finance
President Donald Trump on Monday. The investment will expand TSMC's presence in Arizona, where the company already operates a $65 billion manufacturing hub. The company plans to build three additional fabrication factories, two packaging factories, and a R&D center. Trump spoke of the investment, claiming it will directly produce 20,000-25,000 high-paying jobs to the American people. TSMC is the world's largest contract chip maker, supplying advanced AI processors and smartphone chips. While it has traditionally kept its most sophisticated factories in Taiwan, the U.S. has been pushing the company to shift more production, particularly in advanced chip packaging, which is crucial for AI applications. The U.S. government has supported TSMC's expansion through the 2022 Chips Act, which allocated billions in subsidies. TSMC has already been awarded $6.6 billion in grants under the program. Trump has long advocated for more U.S.-based chip production, though he has criticized
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KAR
Earnings
- 11/5/25 - Beat
KAR
Sec Filings
- 12/8/25 - Form 4
- 12/3/25 - Form 4
- 12/2/25 - Form 144
- KAR's page on the SEC website