Taiwan, TSMC
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Taiwan’s premier on Friday hailed a new trade deal with the United States as the “best tariff deal” enjoyed by countries with trade surpluses with Washington, as meanwhile a Chinese official in Beijing condemned the accord.
The semiconductor giant looks poised for more expansion in Phoenix as it raises its annual capital budget and seeks permits for new fabs.
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Taiwan commits $250B to US semiconductor chip plants in exchange for 5% tariff relief
The U.S. and Taiwan struck a trade deal linking tariff relief to $250 billion in semiconductor investments on American soil.
The White House is working on a trade agreement with Taiwan that includes major investment pledges, and Taiwan Semiconductor's role in the deal could reshape the timeline and scale of its Arizona operations.
Asian stocks show mixed results as TSMC's massive profit jump boosts confidence in the AI sector, following a new US-Taiwan trade deal.
Global markets and politics are colliding as power, technology, and capital flow come under renewed strain. In the United States, escalating federal threats over civil unrest raise constitutional stakes,
Taiwanese chipmaking titan TSMC announced Thursday a forecast-busting net profit for the fourth quarter in a sign of sustained global demand for AI technology.
TSMC (NYSE:TSM), the world’s leading producer of advanced AI chips, on Thursday reported a forecast-beating 35% surge in fourth-quarter profit to a record level, outlined strong growth expectations for the year ahead and indicated that additional manufacturing capacity in the United States is being planned.