Taiwan Semiconductor US Expansion Plans Unfazed by Trump Win: Report

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) said that its investment strategy in the United States remains unaffected despite Donald Trump’s recent election win.

The statement came after speculation about potential changes to its plans following Trump’s critical remarks on Taiwan’s semiconductor industry, SCMP reports.

Taiwan Semiconductor, a major supplier to tech giants like Apple Inc. (NASDAQ:AAPL) and Nvidia Corp. (NASDAQ:NVDA), is proceeding with its $65 billion investment in advanced semiconductor production facilities in Arizona.

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Throughout his campaign, Trump accused Taiwan of undermining the U.S. chip industry.

In a podcast appearance last month, he criticized the Chips Act, labeling it “a poor strategy,” ...

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