Taiwan’s chipmaker TSMC says US investment plan unchanged after Trump’s election

Quick Summary:

TSMC is poised to receive its final award from the Chips and Science Act, a Biden initiative that Trump has described as so bad’.

TSMC, GlobalFoundries and at least one other chipmaker are poised to receive their final Chips and Science Act awards from the Biden administration, two people briefed on the matter said this week.

President Donald Trump has accused Taiwan of stealing US chip business.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: Hong KongTaiwanUnited States

Topics: Semiconductor Trump Investment Remains Plan Unchanged Taiwan Donald Chipmaker Company President

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 10:02:19 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 139 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23466349

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Official Website: scmp.com

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