The generally law-abiding TSMC did not even submit the investment plan to Taiwan’s Ministry of Economic Affairs for assessment and approval, as it had previously done. In other words, the announcement was made unilaterally by the Trump administration.

The Taiwanese chip giant TSMC’s plan to invest $100 billion in the United States has been met with anxiety and criticism in its home country.

Taiwan Semiconductor Manufacturing plans to invest $100 billion to build out chip-making facilities in the U.S., according to people familiar with the matter. The company intends to make the investment over the next four years as part of a federal effort that could be announced as soon as later today,

Taiwan President Lai Ching-te and the CEO of Taiwan's largest chipmaker on Thursday held a joint news conference defending TSMC's decision to invest $100 billion in the U.S., saying that it stemmed fr

Taiwanese semiconductor giant TSMC, the world’s largest chip manufacturer, has announced a massive $100 billion investment in the United States. The funding will be used to construct five new semiconductor fabrication plants as part of a strategic effort to reduce America’s reliance on Asian-based chip production.