TSMC's recent announcement of an additional US$100 billion investment in US manufacturing has sparked sharp criticism from Beijing. Chinese media and government officials frame the expansion as US-coerced offshoring of Taiwan's semiconductor crown jewels,
In a heartwarming (ish) exposition of solidarity with democratic expression, China tabled concerns earlier today that the Taiwanese government could be preparing to give away its chip industry as a "souvenir" to the USA and that Taiwanese citizens were thus concerned that chip foundry TSMC could become "United States Semiconductor Manufacturing Co".
Taiwan-based TSMC fabricates the vast majority of the advanced chips for AI and smartphones. Now more of that fabrication could move to Arizona.
All presidents of these United States have the bully pulpit from which to lecture the American people and, for the past century, the rest of the world
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.
The U.S. is Taiwan's ace in the hole as it faces China's threats, so does Trump's fickle foreign policy fuel concern, or does Taipei have "a better hand"?
Taiwanese chipmaker TSMC is expanding investment in the United States because of large U.S. customer demand, its CEO said on Thursday, adding that its production lines there are already fully booked for this year and the next two years.
Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.
Trump pointed to three deals he claimed were proof of how his officials were bringing jobs back to the U.S., opening up new markets, and ensuring U.S. security.