TSMC, Trump
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U.S. President Donald Trump stated that TSMC would be hit with tariffs as high as 100% if it failed to construct production sites in the U.S., reports Reuters.
ABC |
President Donald Trump says he has authorized a 90-day pause in the higher tariffs for most countries he announced last week — while maintaining a 10% baseline tariff across the board.
BBC |
The White House has said the change of course was all part of the president's plan to leverage for negotiations, but it initially took many by surprise.
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Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter.
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Appuals on MSNTSMC Could Lose Billions If It Fails to Expand on U.S. SoilTSMC's earnings for Q1 '25 have shown strong revenue performance. But, these numbers could take a hit if the firm doesn't establish manufacturing
As the economy reels from President Trump’s punishing import taxes on China—now reaching a staggering 104 percent—sectors of the tech industry are bracing for even more pain. Trump threatened TSMC, the world’s most prolific silicon chip manufacturer, with company-specific tariffs if they didn’t accede to his demands.
Taiwan Semiconductor Manufacturing (TSM) or TSMC, the world’s leading contract chip maker, reported better-than-expected revenue for the first
Last month, TSMC said at a press event that it plans to make a fresh $100 billion investment in the U.S. that involves building five additional chip facilities.
Intel and Taiwan Semiconductor Manufacturing Co have recently discussed a preliminary agreement to form a joint venture to operate the U.S. chipmaker's factories, the Information reported on Thursday,
April 8 (Reuters) - President Donald Trump on Tuesday said he told Taiwan Semiconductor Manufacturing Company, which has pledged to build new factories in the United States, it would pay a tax of up to 100% if it did not build its plants in the country.
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GlobalData on MSNTSMC may face $1bn-plus penalty in US export caseTaiwan Semiconductor Manufacturing Co (TSMC) may face a penalty exceeding $1bn to settle a US export control investigation, Reuters reported citing sources familiar with the matter. The probe concerns a chip TSMC manufactured that ended up in a Huawei AI processor.