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.
President Lai Ching-te said Taiwan was not pressured by the US “during TSMC’s US investment process”. Read more at straitstimes.com.
Taiwan says China violated norms and caused a "high degree of danger" by announcing "live-fire exercises without prior warning" just off its coast.
Taiwanese President Lai Ching-te has said semiconductor giant TSMC's decision to invest $100 billion in the US was not pressured by Washington. The firm has been facing calls to move more production abroad.
Taiwan Semiconductor plans $100b investment in US to meet high demand from customers for chips powering AI and smartphones. TSM stock down 4.57%.
Taiwan President Lai Ching-te and the CEO of Taiwan's largest chipmaker on Thursday held a joint news conference defending TSMC's decision to invest $100 billion in the U.S., saying that it stemmed from customer demand and not out of pressure from the Trump administration.
Taiwanese chipmaking giant TSMC's plan to invest $100 billion in the United States was a "historic moment" for Taiwan-US ties, the island's President Lai Ching-te said on Thursday.