TSMC 'spending US$300B' in Arizona: Trump
17 days ago
- #trade tariffs
- #US-Taiwan relations
- #semiconductors
- US President Donald Trump announced that TSMC could invest US$300 billion in Arizona, significantly more than previously disclosed investments.
- Trump mentioned new tariffs on semiconductors and chips would be introduced soon to encourage domestic production.
- TSMC declined to comment on Trump's remarks, stating any official communication would be through company statements.
- Analyst Kuo Ming-chi questioned the accuracy of Trump's investment figures, suggesting they might be a negotiation tactic for upcoming tariffs.
- TSMC's shares fell following Trump's comments, contributing to a decline in the TAIEX.
- Concerns were raised about the potential negative impact of semiconductor tariffs on Taiwan's economy.
- The US Department of Commerce is investigating the semiconductor market, which could lead to tariffs affecting major tech companies.
- Taiwan and the US have completed technical consultations on tariffs, with a finalized rate expected soon.
- Three former TSMC employees were detained for allegedly compromising classified technology related to 2-nanometer chips.
- Taiwanese exports to the US will face a 20% tariff starting next week, with negotiations ongoing for potential adjustments.