AsianFin -- A Taiwan official announced on Tuesday that the government will evaluate TSMC's investment plans in the United States while considering the company's development and Taiwan's role in the global semiconductor industry.
Michelle Lee said that the government's stance on overseas investments remains supportive, provided they contribute to the industry's globalization and enhance Taiwan's overall competitiveness.
TSMC has unveiled plans for a new $100 billion investment in the United States, which includes constructing five additional chip manufacturing facilities in the coming years. The announcement was made by the company's CEO alongside U.S. President Donald Trump on Monday.
Explore more exclusive insights at nextfin.ai.
