TSMC's bold expansion into Arizona represents one of the most consequential shifts in global semiconductor geography in decades. While the move appears to strengthen TSMC's position with US customers and hedge against geopolitical risks,

News of more investment from the top chip manufacturer is exciting for Americans – but how about international competitors?

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

Taiwan President Lai Ching-te is hailing a planned $100 billion investment in the U.S. by the Taiwan Semiconductor Manufacturing Corporation as “a historic moment for U.S-Taiwan relations,” adding that the move is not the result of pressure imposed by the U.S. government.

TSMC is on a slippery slope. Taiwan Semiconductor Manufacturing , the world's largest chipmaker, on Monday pledged $100 billion in fresh funds to build factories in the United States. It also committed to set up a major research and development centre stateside,

The US$100 billion outlay may avert threatened tariffs, but it risks undermining the island’s strategically vital semiconductor industry.

Taiwan Semiconductor Manufacturing has pledged $100 billion in U.S. investment but it's not necessarily bad news for Intel.

Taiwan’s government downplayed concerns that Taiwan Semiconductor Manufacturing Co.’s plans to invest a further $100 billion in the US will effectively lead to the chip-making giant becoming Americanized.

Critics say that TSMC's move to invest more in the U.S. will lead to the reduction of Taiwan's strategic importance on the global stage.

Trump said TSMC’s plans would create “many thousands” of high-paying jobs and described the production of AI chips within the US as a “matter of economic security” for the country.

Taiwan Semiconductor Manufacturing Co.’s top executive stressed that the company’s plan to spend an additional $100 billion in the US won’t affect investments at home as he sought to reassure the Taiwanese public of its commitment.

The CEO of chipmaker TSMC will hold a press conference at Taiwan's presidential office at 5:00 p.m. local time (0900 GMT) on Thursday, the president's office said, days after the company announced major investment in the U.