Thursday, July 25, 2024
Did Taiwan take away US chip business? TSMC to invest $40 billion in Arizona USA plant
Looking forward to the future of business
Fmr President Donald Trump mistakenly accused Taiwan of taking away chip business from US. While partially correct - TSMC founder was a former executive of Texas Instrument who went to Taiwan to put up chip business at Taiwan's behest, its incorrect. TSMC also plans to put up a plant in Arizona USA. Trumps comment, including the threat that Taiwan should share in its defense cost with US send tremors to the stock market. TSMC continues to make record profits.
Do you agree with Donald Trump's comments.?
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