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Taiwan Firms Plan Additional $20B Investment in US

Reuters ·

TSM Taiwan Semiconductor Manufacturing ADR
$414.00 -0.32%
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  1. 1Taiwan's economic minister said Taiwanese companies plan an additional $20 billion in US investment.
  2. 2The figure follows a reassessment of firms beyond TSMC since May's SelectUSA, with AI and chip demand drawing interest.
  3. 3At the same SEMICON event, a US Commerce Department official overseeing the CHIPS Act welcomed the move and stressed semiconductor supply chain commitments.

This 3-line summary is compiled from the report below.

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