CC Way to the White House for a very historic announcement.

This is a tremendous thing for our country and hopefully for his company.

We're also pleased to be joined by Commerce Secretary Howard Lutnick, and White House A.I. and the crypto czar David Sachs, another two very highly respected people.

It's great to have you guys involved, and David, thank you very much for coming on.

David is sort of the king of intellect in that world.

We have some good people.

Today Taiwan Semiconductor is announcing that they will be investing at least $100 billion in new capital in the United States over the next short period of time to build state-of-the-art semiconductor manufacturing facilities.

I think mostly it's going to be in Arizona, which is what I understand, which is a great state.

I like it because I won it, but I won most of them, actually.

But I did.

We won it, and we won it big.

The most powerful A.I. chips in the world will be made right here in America, and it'll be a big percentage of the chips made by his company.

But as you know, they're based mostly in Taiwan, and they're far and away the biggest.

There's nobody even close.

This $100 billion in new investment will go into building five cutting-edge fabrication facilities in the great state that we just discussed, Arizona, and will create thousands of jobs, many thousands of jobs, and high-paying jobs.

In total, today's announcement brings Taiwan semiconductor investments to about $165 billion.

They've started already among the largest new foreign direct investments in the United States.

Apple, as you know, made a big announcement last week of $500 billion, and we have some others that have announced.

We have many that want to announce.

But I don't have time to do all of these announcements, I tell you.

But for you, I'm doing the announcement.

Thank you.

This will create hundreds of billions of dollars in economic activity and boost America's dominance in artificial intelligence and beyond.

Semiconductors are the backbone of the 21st century economy.

And really, without the semiconductors, there is no economy, powering everything from AI to automobiles to advanced manufacturing.

And we must be able to build the chips and semiconductors that we need right here in American factories with American skill and American labor.

And that's exactly what we're doing.

As you know, Taiwan pretty much has a monopoly on that market.

And I think pretty much is not a term that's even appropriate.

They do have a monopoly.

And this is a tremendous move by the most powerful company in the world.

It's a matter of economic security.

It's also a matter of national security for us.

And at the same time, Mr. Wei will be able to diversify and have his tremendous presence in another place and a safe, very safe place.

And I want to thank Taiwan Semiconductor for doing the announcement.

And I'd like to ask Mr. Wei to say a few words, if you might.

And I'd also like to ask Howard and David, you can say a couple of words.

But maybe you should go first, because right now he's the most important man in the room.

I'm sorry, fellas.

Please.

Thank you very much.

Thank you.

Great honor.

Thank you, Mr. President.

Thank you.

I'm a little bit nervous, so I have to pull out my piece of paper.

Mr. President, Secretary Learned, and David, I didn't know that your title, but okay.

First, I want to say thank you to Mr. President for giving me this opportunity to announce our big project in the U.S.

TSMC is the world's largest chip manufacturing, funded by Dr. Morris Chen in 1987.

It's now at the forefront of semiconductor technology, supporting AI advancement and industry growth.

In fact, I would like to wind back the time that in 2020, we have to thank President Trump's vision and his support.

So, TSMC starts the journey of establishing the advanced chip manufacturing in Arizona.

And now, let me proudly say, now the vision becomes reality.

In Phoenix, Arizona, with 3,000 employees, we are producing the most advanced chip made on U.S. solar.

With the success of our first FAB, so we are now very happy to announce we are going to invest additional $100 billion U.S. in addition to our current $65 billion U.S. investment in Arizona.

We are going to build three more new FABs after we promised three FABs already, and another two very advanced packaging FAB, and most important, an R&D center also in Arizona.

For this, all the investment, $165 billion, is going to create thousands of high-paid jobs, as the President just announced.

And we are most important, actually, we are going to produce many AI chips.

We are going to produce many chips to support AI's progress and to support the smartphone's And, again, with that, I want to thank President Trump again for his support.

In addition, I also want to thank my customers in the U.S., such as Apple, NVIDIA, AMD, Qualcomm, They all support TSMC's manufacturing in the U.S.

Without their support, we probably cannot make it true.

So, again, I want to thank them.

Also, I'd like to thank the TSMC's employees.

Without their effort, we just cannot make it today.

That's all I want to say.

And thank you.

Thank you.

That's great.

Thank you very much.

Howard, please, David.

Sure.

Thank you.