TSMC committed to Arizona chip plant ahead of potential tariff impact

News Snapshot:

TSMC starts work on its third semiconductor manufacturing facility Easier permit acquisition and tariffs influenced the move, says US Commerce Secretary TSMC's quarterly revenue was up 41.6%, but it's still keeping an eye on tariff-induced worries Taiwan Semiconductor Manufacturing Company (TSMC) has started construction of a third chip plant in Arizona according to South China Morning Post reporting, as the company continues to expand operations in the US. The announcement coincided with Commerce Secretary Howard Lutnick's visit to the site, highlighting the political significance of TSMC's US investment amid the ongoing trade war. Driven by Trump's push for domestic manufacturing,...