
"I think it started really in the first Trump administration, for example, when he and his administration, the Commerce Department, attracted TSMC from Taiwan to build a fab semiconductor facility in Arizona. Then the CHIPs Act under the Biden administration caused them to double down and they're building two fabs."
The discussion highlights TSMC's decision to expand its semiconductor production in Arizona as a signal of bipartisan support for U.S. re-industrialization. With the CHIPs Act accelerating investment, this development underscores potential long-term benefits for TSMC in the competitive global semiconductor market.
Tariffs and trade deals: Where do we go from here?
October 2, 2025
Company Opinion