US EditionTrump Surprises with TSMC $300B Investment Claim
ARIZONA, UNITED STATES, AUG 5 – Trump claims Taiwan Semiconductor Manufacturing Company will invest $300 billion in Arizona, nearly doubling its official $165 billion plan amid rising tariffs and trade tensions.
- On Tuesday, US President Donald Trump claimed that TSMC would invest $300 billion in Arizona to build the world's largest chip plant.
- This followed TSMC's March announcement to expand its US investment to $165 billion, while analysts cast doubt on Trump's higher figure and rumors of further deals.
- TSMC's Phoenix site, initially budgeted at $12 billion, has expanded over five years into a large-scale campus featuring six wafer fabrication plants, two specialized assembly units, and a research and development hub.
- After President Trump's comments, TSMC's stock declined by 2.17 percent on the Taiwan Stock Exchange, while its American depositary receipts in the U.S. dropped 2.73 percent, amid concerns over new semiconductor tariffs expected in the near future.
- The situation suggests escalating US tariff pressures aim to boost domestic chip production but create uncertainty for Taiwan's TSMC and global semiconductor supply chains.
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Trump Says TSMC Will Invest $300 Billion In Arizona, Teases New Chip Tariffs To Boost US Manufacturing - Intel (NASDAQ:INTC), Taiwan Semiconductor (NYSE:TSM)
President Donald Trump said Taiwan Semiconductor Manufacturing Co. would invest $300 billion in Arizona to boost U.S. chip production.
·New York, United States
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Trump unexpectedly says TSMC 'spending US$300 billion in Arizona' - Focus Taiwan
Taipei, Aug. 6 (CNA) U.S. President Donald Trump suggested Tuesday (U.S. time) that Taiwan Semiconductor Manufacturing Company (TSMC) could invest US$300 billion in Arizona, which, if true, would be nearly double the total investment TSMC has announced to date in the United States.
·Taiwan
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The White House announces a mega investment of Tsmc in the USA and takes away strategic production from the island. It humiliates the Taiwanese for not ... Find out more!
Coverage Details
Total News Sources12
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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