Taiwan Semiconductor Manufacturing Company Limited TSM Confirms 65 Billion US Investment Plans Remain Unchanged Despite Trumps Election
Published on November 16, 2024
Taiwan Semiconductor Manufacturing Company Limited (TSM), the world's largest contract chipmaker, has confirmed that its plans for a $65 billion investment in the United States will remain unchanged despite the recent U.S. presidential election. TSM had announced its investment plans back in May 2020, with the aim of building a state-of-the-art semiconductor facility in Arizona, which would create thousands of high-tech jobs and boost the local economy. The company's decision to proceed with its investment plans despite political uncertainties showcases its commitment to expanding its presence in the U.S. market and supporting the global technology industry. TSM's investment is expected to further strengthen its position as a key player in the global semiconductor industry, fueling innovation and driving technological advancements.
Investor opinions & comments
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JasonLewis
November 19, 2024 at 23:41
I'm excited to see the high-tech jobs that will be created as a result of TSM's investment. This will contribute to the local economy and enhance the technology industry
WealthyWyatt
November 19, 2024 at 12:17
I'm curious to know the timeline for TSM's investment. When can we expect the semiconductor facility to be operational and job creation to begin?
FinanceLisa
November 19, 2024 at 11:27
Will TSM's investment in the U.S. lead to increased collaboration and partnerships with local companies in the semiconductor industry?
FinanceDave
November 19, 2024 at 08:05
I'm not convinced that TSM's investment is solely driven by their commitment to the U.S. market. There could be other factors at play
AnnaDuncan
November 17, 2024 at 15:26
I wonder if TSM might reconsider their investment plans if there are major policy changes under the new administration
TraderTara
November 17, 2024 at 14:51
What impact do you think TSM's investment will have on the competitiveness of U.S. semiconductor manufacturers?
MilaWagner
November 17, 2024 at 14:36
It's reassuring to see that TSM is sticking to its investment plans despite uncertainties. This will strengthen their position in the semiconductor industry and drive innovation
RiskyRita
November 17, 2024 at 10:37
This is great news! TSM's investment in the U.S. will create jobs and boost the economy. It shows their commitment to the global technology industry
AmandaWright
November 17, 2024 at 05:50
This investment by TSM in the U.S. is a testament to the attractiveness of the country's market for tech companies. It's a win for both TSM and the U.S. economy
WilliamReed
November 16, 2024 at 13:29
TSM's investment will have a positive impact on the semiconductor industry, fostering technological advancements and driving economic growth