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TSMC Investment Could Top US$200bn: Lutnick
TSMC plans to expand U.S. semiconductor production with over $200 billion in investment, creating approximately 30,000 jobs amid ongoing debates about CHIPS Act incentives.
Summary by Taipei Times
3 Articles
3 Articles
TSMC's U.S. investment could top US$200 billion: Lutnick
Washington, Dec. 11 (CNA) U.S. Commerce Secretary Howard Lutnick said Thursday he believes Taiwan Semiconductor Manufacturing Co. (TSMC) could boost its American investment to more than US$200 billion and created 30,000 jobs in the process.
·Taiwan
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President Lai Ching-te confirmed on the 9th that "the Taiwan-US tariff negotiations have entered the final stage." Amidst the close consultations between Taiwan and the US, news broke on the 12th that TSMC may expand its investment in the US. US Commerce Secretary Howard Lutnick stated in an interview with US media that the Trump administration will allow TSMC to invest more than $200 billion in factories in the US, creating 30,000 jobs.
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Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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