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.
President Donald Trump is holding a press conference from the White House to discuss TSMC’s (TSM) U.S. investment plans.Discover the Best
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
TSMC is on a slippery slope. Taiwan Semiconductor Manufacturing , the world's largest chipmaker, on Monday pledged $100 billion in fresh funds to build factories in the United States. It also committed to set up a major research and development centre stateside,
Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build "cutting edge" manufacturing facilities, President Donald Trump said on Monday, announcing the latest blockbuster financial pledge by a private company since his return to office.
Taiwan Semiconductor Manufacturing Company (TSMC) plans to announce a $100 billion investment in U.S. chip manufacturing plants on Monday, the White House confirmed.  The multibillion-dollar
President Trump announced TSMC in Phoenix is doubling in size and investing $100 billion more in our state. FOX 10's Steve Nielsen reports.
CEO C.C. Wei credited President Donald Trump for the investments, which will include a new Arizona R&D center.