Taiwan's President Lai Ching-te and TSMC held a press conference to clarify that the company's $100 billion investment in the U.S. was driven by customer demand rather than pressure from the Trump administration. TSMC plans to build new chip manufacturing and packaging facilities in Arizona to meet growing demand, which TSMC CEO C.C. Wei confirmed is still insufficient. Amidst geopolitical tensions over Taiwan's status, the government asserted that this investment will not adversely affect its operations in Taiwan, where further innovations continue to be developed.
TSMC's decision to invest in the U.S. stems from customer demand, not from political pressure, emphasizing the needs of its customers and future development.
Lai Ching-te denied that TSMC's investment decision was influenced by the Trump administration, asserting that it was based purely on business considerations.
TSMC CEO C.C. Wei stated that the $100 billion investment is necessary to meet the increasing customer demand, confirming the company's cautious approach to expansion.
Despite concerns about relocating advanced manufacturing processes, TSMC's investment will not impact its ongoing development efforts in Taiwan.
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