Taiwan Semiconductor Increases its US Investments by Another $100 Billion! Five More Factories Planned!

According to statements from CEO C.C. Wei, the Taiwanese semiconductor producer Taiwan Semiconductor Manufacturing (TSM) will invest up to $100 billion in the USA over the next four years to strengthen its local presence with five new production facilities. Despite the positive news, the stock fell by over 4% to $172.97, as the heightened tariffs on products from Mexico, Canada, and China come into effect, and Trump has already announced further tariffs on Chinese goods. The current trade war and emerging uncertainties are weighing heavily on the...