SelectUSA Investment Summit: US Commerce Secretary Cites TSMC Factory as Example
At the 2026 SelectUSA Investment Summit, the US Commerce Secretary highlighted significant investments in AI infrastructure and chips, citing TSMC and Micron's multi-billion dollar factory investments. Taiwan's delegation was the largest, demonstrating strong interest in investing in the US.
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- 📰 Published: May 5, 2026 at 08:11
- 🔍 Collected: May 5, 2026 at 08:31 (20 min after Published)
- 🤖 AI Analyzed: May 5, 2026 at 08:52 (20 min after Collected)
Central News Agency
(Central News Agency reporter Hou Tzu-ying, Washington, May 4, exclusive report) US Commerce Secretary Howard Lutnick stated today in his address at the "SelectUSA Investment Summit" that many businesses are making substantial investments in the US, including in AI infrastructure and chips. TSMC and Micron alone are investing hundreds of billions in factory construction; regarding chip production, he said that partners like Taiwan, Japan, and South Korea have all committed to manufacturing in the United States.
The 2026 "SelectUSA Investment Summit" is being held from May 3 to 6 in Maryland, near Washington D.C. This year, the Taiwanese delegation once again ranked first in size among all participating countries. Economic Minister Kung Ming-hsin, National Development Council Minister Yeh Chun-hsien, and American Institute in Taiwan (AIT) Director Raymond Greene, who led the delegation, attended the main event today.
Lutnick stated in his speech at the event that representatives from the business community, US state government officials, and federal officials gathered with the goal of "making deals." Last year's "SelectUSA Investment Summit" facilitated a record-breaking $139 billion in deals and business collaborations.
He pointed out that US President Donald Trump "wants factories built in the US and wants to promote supply chain localization." The Trump administration is also committed to making investment in the US easier.
He mentioned that many hyperscale operators have invested heavily in the US, including in AI infrastructure, cloud capabilities, data centers, and chips. Among them, TSMC and Micron are investing hundreds of billions of dollars in building factories in the US.
Lutnick stated that "America First" does not mean "America isolated," but rather "we are open for business." "If you want to sell successfully in the US market, build your factories here."
He said that the US and its trading partners are sitting down to discuss bringing factories, supply chains, and infrastructure back to the US, and making huge investments in energy. In terms of chip manufacturing, major partners such as Japan, South Korea, the European Union, Taiwan, the United Kingdom, and Gulf countries "have made significant commitments to manufacture and build factories in the United States."
Kung Ming-hsin said in an interview yesterday that this year, the Taiwanese delegation once again became the largest at the "SelectUSA Investment Summit," with 113 companies and a total of 207 representatives, setting a new record and showing Taiwan's very high willingness to invest in the United States.
The Ministry of Economic Affairs stated that members of the Taiwanese delegation cover fields such as communications, medical biotechnology, machinery and equipment, aerospace/maritime, industrial raw materials, energy, cybersecurity, and automobiles.
The "SelectUSA Investment Summit" is an annual flagship event hosted by the US Department of Commerce, aimed at attracting foreign direct investment (FDI) and promoting connections between international businesses and the US market.
After Trump's return to the White House, tariff measures continued, hoping to promote the return of manufacturing to the US. The US and Taiwan signed an investment cooperation memorandum in January. According to the agreement, Taiwan agreed to commit two different types of capital to invest in the US: first, Taiwanese enterprises will independently invest $250 billion, including investments in semiconductors, AI applications, electronic manufacturing services (EMS), energy, and other industries; second, the Taiwanese government will support financial institutions with a credit guarantee to provide a maximum of $250 billion in corporate credit lines.
In addition, the Ministry of Economic Affairs pointed out that during Kung Ming-hsin's visit to the US, he will also hold discussions with the US-Taiwan Business Council and several Washington think tanks, including the Center for Strategic and International Studies (CSIS) and the Global Taiwan Institute (GTI), to explore how to deepen US-Taiwan economic and trade relations, strengthen supply chain resilience, critical minerals, and economic security issues. (Editor: Chang Chih-hsuan) 1150505
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(Central News Agency reporter Hou Tzu-ying, Washington, May 4, exclusive report) US Commerce Secretary Howard Lutnick stated today in his address at the "SelectUSA Investment Summit" that many businesses are making substantial investments in the US, including in AI infrastructure and chips. TSMC and Micron alone are investing hundreds of billions in factory construction; regarding chip production, he said that partners like Taiwan, Japan, and South Korea have all committed to manufacturing in the United States.
The 2026 "SelectUSA Investment Summit" is being held from May 3 to 6 in Maryland, near Washington D.C. This year, the Taiwanese delegation once again ranked first in size among all participating countries. Economic Minister Kung Ming-hsin, National Development Council Minister Yeh Chun-hsien, and American Institute in Taiwan (AIT) Director Raymond Greene, who led the delegation, attended the main event today.
Lutnick stated in his speech at the event that representatives from the business community, US state government officials, and federal officials gathered with the goal of "making deals." Last year's "SelectUSA Investment Summit" facilitated a record-breaking $139 billion in deals and business collaborations.
He pointed out that US President Donald Trump "wants factories built in the US and wants to promote supply chain localization." The Trump administration is also committed to making investment in the US easier.
He mentioned that many hyperscale operators have invested heavily in the US, including in AI infrastructure, cloud capabilities, data centers, and chips. Among them, TSMC and Micron are investing hundreds of billions of dollars in building factories in the US.
Lutnick stated that "America First" does not mean "America isolated," but rather "we are open for business." "If you want to sell successfully in the US market, build your factories here."
He said that the US and its trading partners are sitting down to discuss bringing factories, supply chains, and infrastructure back to the US, and making huge investments in energy. In terms of chip manufacturing, major partners such as Japan, South Korea, the European Union, Taiwan, the United Kingdom, and Gulf countries "have made significant commitments to manufacture and build factories in the United States."
Kung Ming-hsin said in an interview yesterday that this year, the Taiwanese delegation once again became the largest at the "SelectUSA Investment Summit," with 113 companies and a total of 207 representatives, setting a new record and showing Taiwan's very high willingness to invest in the United States.
The Ministry of Economic Affairs stated that members of the Taiwanese delegation cover fields such as communications, medical biotechnology, machinery and equipment, aerospace/maritime, industrial raw materials, energy, cybersecurity, and automobiles.
The "SelectUSA Investment Summit" is an annual flagship event hosted by the US Department of Commerce, aimed at attracting foreign direct investment (FDI) and promoting connections between international businesses and the US market.
After Trump's return to the White House, tariff measures continued, hoping to promote the return of manufacturing to the US. The US and Taiwan signed an investment cooperation memorandum in January. According to the agreement, Taiwan agreed to commit two different types of capital to invest in the US: first, Taiwanese enterprises will independently invest $250 billion, including investments in semiconductors, AI applications, electronic manufacturing services (EMS), energy, and other industries; second, the Taiwanese government will support financial institutions with a credit guarantee to provide a maximum of $250 billion in corporate credit lines.
In addition, the Ministry of Economic Affairs pointed out that during Kung Ming-hsin's visit to the US, he will also hold discussions with the US-Taiwan Business Council and several Washington think tanks, including the Center for Strategic and International Studies (CSIS) and the Global Taiwan Institute (GTI), to explore how to deepen US-Taiwan economic and trade relations, strengthen supply chain resilience, critical minerals, and economic security issues. (Editor: Chang Chih-hsuan) 1150505
Stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.