Taiwan Semiconductor Manufacturing (TSM) looked to be in the crosshairs of the White House after U.S. President Donald Trump floated at least
The meeting comes as the White House said it is set to announce a more than $100 billion investment in the United States by a chipmaker from Taiwan, amid a push by Trump to encourage investments in American manufacturing.
In a historic White House press conference, President Donald Trump joined TSMC Chairman C.C. Wei to announce a monumental US$100 billion investment by TSMC in the United States. The event, attended by US Secretary of Commerce Howard Lutnick and White House AI and Semiconductor Advisor David Sacks,
Following C. C. Wei, the chairman and CEO of TSMC, being invited to the White House to announce substantial investments in the US, questions have emerged regarding whether TSMC had previously received verbal approval from Taiwan's high-level government officials for this overseas expansion.
Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in chips plants in the U.S. over the next four years, a move President Donald Trump is set to announce at the White House later Monday,
The White House credited tariff threats for bringing investment to Arizona after Apple pledged $500 billion to invest in the U.S. - though Trump expressed doubts about federal support for the TSMC project - where production of Apple chips began last month - under President Biden.
After Trump threatens to tariff foreign-made chips at 25%, TSMC CEO CC Wei makes an appearance at the White House today to promise bigger US investments.
TSMC’s $100 billion commitment is a big deal for tech stocks and U.S. chip security—unless the Trump administration follows through with chip tariffs.
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,
Trump announced the semiconductor manufacturing investment but did not say if it would provide security for Taiwan.