TAIPEI (Taiwan News) — Semiconductor production in the US is expected to rebound within the next five years with support from Taiwan and South Korea, according to TrendForce.

The industry research firm projects that the US will account for 22% of global production capacity for advanced logic semiconductors by 2030.

Semiconductor shortages during the COVID-19 pandemic and geopolitical tensions with China prompted the US to invest in attracting chip manufacturers to set up domestic operations, Nikkei Asia reported. The country is prioritizing the onshoring of logic semiconductor production, particularly for telecommunications and military systems.

Taiwan Semiconductor Manufacturing Co. recently announced a NT$3.29 trillion (US$100 billion) investment to build five more facilities in Arizona. The expansion includes three additional fabrication plants, two advanced packaging facilities, and a research and development center, adding another link to the US supply chain, Nikkei Asia said.

South Korea’s SK Hynix is also planning a US$4 billion high-bandwidth memory fabrication plant and R&D center in Indiana.

Taiwan and South Korea accounted for nearly 70% of semiconductor investment in the US as of last year, Nikkei Asia reported, adding that TSMC’s latest deal will further strengthen its role in America’s chip industry.