TSMC will never be an American entity, according to the latest remarks by Taiwan's premier, who claims that investments in the US won't push the Taiwan chip giant away from its origin.
TSMC's Investments in the US Chip Industry Won't Fully Meet America's Demands, Claims Taiwan's Premier
Taiwan has shown a 'cautious' approach towards TSMC investing in America, and according to previous reports, the government didn't want the chip giant to produce high-end nodes in the US at all. However, the stance did soften when the Trump administration came in, since it became necessary for TSMC to invest in America to avoid hefty tariffs coming their way. Now, according to Taiwan's Premier Cho Jung-tai (via TED), there isn't a possibility of TSMC being a US firm at all, denying the possibility of the USG taking a stake in the Taiwan chip giant.
His comments follow rumors surrounding a potential deal between President Trump and TSMC, with the US government acquiring a stake. The news spread like wildfire, and resentment spread all over the Taiwanese media, with some claiming that the current US administration wants TSMC to become a 'US Foundry' project. However, TSMC did clarify the rumors, stating that the firm hasn't received such an offer, and now, even the Taiwan Premier has confirmed that there's no deal between Trump and TSMC, and a stake acquisition would never happen.
Taiwan's Premier claimed that for now, TSMC has a commitment of $165 billion to the US, although the figure has been claimed to be scaled up to $300 billion in a past announcement. Moreover, he also revealed that the Taiwan administration hasn't influenced decisions of TSMC and other domestic firms when it comes to manufacturing and investing in different nations, and there's no commitment between Taiwan and local firms.
TSMC has driven America's chip industry to new heights, but the firm won't be a native chip manufacturer, and the US won't get access to the core technology. While TSMC has pledged to produce cutting-edge nodes in the nation, it is clear that America still needs a native manufacturer to lead the chip industry, which is why the Trump administration has recently focused on Intel.
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