"Up to". This whole deal hinges on AI chip demand continuing. 11 fabs will take many years to build. They can't be all built simultaneously. It'll likely be over a decade or longer to do all 11.
This means TSMC is hoping Americans will vote out these leaders in 3 years and then quietly "forget" about these commitments.
This is basically the same for all on-shoring promises made by companies.
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"Up to". This whole deal hinges on AI chip demand continuing. 11 fabs will take many years to build. They can't be all built simultaneously. It'll likely be over a decade or longer to do all 11.
This means TSMC is hoping Americans will vote out these leaders in 3 years and then quietly "forget" about these commitments.
This is basically the same for all on-shoring promises made by companies.