Taiwan President and TSMC CEO Address Investment Concerns

Reported about 5 hours ago

Taiwan Semiconductor Manufacturing Company's CEO, C.C. Wei, reassured the public during a briefing with President Lai Ching-te that an additional $100 billion investment in the US will not detract from its commitments in Taiwan. Wei emphasized that TSMC plans to continue significant investments in Taiwan, maintaining its advanced technologies and production lines. Concerns about shifting priorities have arisen due to TSMC's expansion in the US, which stems from high demand, but Wei clarified that key research efforts will remain in Taiwan, aiming to balance their global presence while supporting local development.

Source: YAHOO

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