The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
Taiwan Semiconductor Manufacturing (TSM) looked to be in the crosshairs of the White House after U.S. President Donald Trump floated at least
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.
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.
C.C. Wei, the chairman of TSMC (TSM), is meeting with U.S. President Donald Trump in the White House on Monday, suggesting greater investment