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According to Taiwan’s premier, TSMC will never become an American entity. He emphasized that investments in the U.S. won’t push the Taiwanese chip giant away from its origins.
TSMC’s Investments in the U.S. Won’t Fully Meet America’s Demands, Claims Taiwan’s Premier
Taiwan has adopted a cautious approach towards TSMC investing in the U.S., with previous reports indicating the government didn’t want TSMC to produce high-end nodes there at all. However, this stance softened when the Trump administration took office, as it became necessary for TSMC to invest in America to avoid hefty tariffs.
Taiwan’s Premier Cho Jung-tai stated that there isn’t a possibility of TSMC becoming a U.S. firm or the U.S. government taking a stake in the company. His comments followed rumors about a potential deal between President Trump and TSMC, with the U.S. government acquiring a stake. However, TSMC clarified these rumors, stating that it hasn’t received such an offer.
The Taiwan Premier also mentioned that TSMC has committed $165 billion to the U.S., although this figure was claimed to be scaled up to $300 billion in a previous announcement. He added that the Taiwanese administration hasn’t influenced decisions of TSMC and other domestic firms when it comes to manufacturing and investing in different nations.
TSMC has significantly bolstered America’s chip industry, but the company won’t be a native manufacturer, and the U.S. won’t gain access to its core technology. While TSMC has pledged to produce cutting-edge nodes in the nation, America still needs a domestic manufacturer to lead the chip industry, which is why the Trump administration recently focused on Intel.
