C. C. Wei, recently announced a US$100 billion expansion investment at the White House, drawing significant attention. To clarify the situation, Taiwan's President Lai Ching-te held a press conference with Wei on the evening of the 6th at the Presidential Office to explain the entire process and the background of TSMC's investment decisions.

Taiwan Semiconductor Manufacturing Company said it is “not afraid” of losing Washington’s subsidies for its massive US investments, as the chief of the world’s largest chipmaker sought to reassure investors following US President Donald Trump’s call to kill the $52bn chips act.

President Donald Trump wants to kill the CHIPS Act, which provides $6.6 billion in federal subsidies for TSMC's $65 billion Phoenix semiconductor fabrication complex. He claimed that TSMC has not received money from the program,

Taiwan Semiconductor Manufacturing Co.’s top executive stressed that the company’s plan to spend an additional $100 billion in the US won’t affect investments at home as he sought to reassure the Taiwanese public of its commitment.