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Taiwan’s TSMC says US investment plan are unchanged after election

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2024.11.07 18:16

TAIPEI (Reuters) – Chipmaker TSMC’s investment plan in the United States remains unchanged, the company said, responding to a question on the election of Donald Trump as the next U.S. president.

© Reuters. FILE PHOTO: Taiwan Semiconductor Manufacturing Company (TSMC) logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

“Our investment plan in the U.S. remains unchanged,” the company said late on Thursday in an emailed statement.

TSMC, the world’s largest contract chipmaker and a major supplier to companies including Apple (NASDAQ:) and Nvidia (NASDAQ:), is investing $65 billion in new factories in the U.S. state of Arizona.

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