Diamond Member Pelican Press 0 Posted January 20, 2025 Diamond Member Share Posted January 20, 2025 This is the hidden content, please Sign In or Sign Up Despite Trump’s Criticism, TSMC’s $65B U.S. Gamble Signals Faith in CHIPS Act Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) This is the hidden content, please Sign In or Sign Up to keep flowing under the CHIPS and Science Act, even as Donald Trump questions the policy. TSMC plans to build three semiconductor plants in Arizona, backed by $6.6 billion in U.S. grants. The first facility now produces advanced microchips, and the second aims to start operations by 2028. TSMC CFO Wendell Huang told CNBC that the company remains on track to meet funding requirements. With $65 billion in planned U.S. investments, TSMC plays a key role in strengthening domestic chip production. While Trump prefers higher tariffs over subsidies, analysts say cutting off CHIPS Act funding remains unlikely. Major players like Intel (NASDAQ:INTC), Micron Technology (NASDAQ:MU), and NVIDIA (NASDAQ:NVDA) also rely on government support. For now, TSMC moves ahead, confident in its U.S. expansion. The Arizona projects push forward, and the company watches for any policy shifts under the new administration. This article first appeared on This is the hidden content, please Sign In or Sign Up . This is the hidden content, please Sign In or Sign Up #Trumps #Criticism #TSMCs #65B #U.S #Gamble #Signals #Faith #CHIPS #Act This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up For verified travel tips and real support, visit: https://hopzone.eu/ 0 Quote Link to comment https://hopzone.eu/forums/topic/195143-despite-trump%E2%80%99s-criticism-tsmc%E2%80%99s-65b-us-gamble-signals-faith-in-chips-act/ Share on other sites More sharing options...
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