Get the latest tech news
Will TSMC escape tariffs with pledge for $100B in U.S. chip manufacturing plants?
It’s been a whirlwind of news on the tariff front and Taiwan has avoided tariffs for now. But the timing of a $100 billion commitment by TSMC to build chip manufacturing plants in the U.S. may have helped. Taiwan Semiconductor Manufacturing Co. is the biggest chipmaker in the world, but most of its chips are […]
Donald Trump announced in a press event on Monday that TSMC would invest at least $100 billion in chip manufacturing plants in the U.S. acroos the next four years. I have no doubt that there was a political influence in that decision,” said Jim McGregor, a chip analyst at Tirias Research, in a message to GamesBeat. TSMC has also received $6.6 billion in grants from the Chips and Science Act, a bipartisan agreement reached during the Biden administration to boost domestic semiconductor production.
Or read this on Venture Beat
