Siemens, a tech company, is investing $285 million in manufacturing in the U.S., with plans for new facilities in California and Texas. The U.S. is the company's largest market, with over $10 billion in investments and a planned acquisition of Altair. Siemens' president and CEO, Roland Busch, emphasized the company's belief in America's industry and innovation. The investment will create over 900 skilled manufacturing jobs and support the commercial, industrial, and construction sectors, as well as boost America's AI capabilities. Taiwan Semiconductor Manufacturing Co. also announced plans to invest an additional $100 billion in the U.S. for chip manufacturing plants and packaging facilities in Arizona.
Source: https://www.wgauradio.com/news/siemens-announces/TJ4FSLB4T5BLROLFKETFDTR3ZQ