News TSMC's $100B US investment only accounts for 7% of company's output — Taiwan gov't gives official blessing for project

[Admin]

After the initial hype of TSMC's major U.S. investment, TSMC is clarifying its commitments to Taiwan and its shareholders; the move is not an abandoning of Taiwan.

TSMC's $100B US investment only accounts for 7% of company's output — Taiwan gov't gives official blessing for project : Read more

 

[watzupken]

I guess this investment does 2 things,
1. Help TSMC avoid US tariffs,
2. Rubbing salt on Intel's wounds since it was mentioned not too long ago that they will delay their fab.