TSMC’s upped US investment is no surprise to Taiwan media, which say Commerce Sec. Lutnick flagged it on the All-In Podcast last week. He said TSMC was in violation of several DEI clauses in the US$6.6 billion CHIPs Act contract it signed with the Biden administration, and that a new agreement had been reached whereby TSMC would increase its investment in the US in return for waiving the DEI violations. 1/3 $Taiwan Semiconductor(TSM.US) #semiconductors #semiconductor
Source: Dan Nystedt
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