TSMC Confirms No U.S. Equity Stake Planned for Chip Giant

TaiwanPlus News

TSMC CEO and Chair C. C. Wei has confirmed that the Trump administration won't seek an equity stake in the chip giant. It comes after the White House ruled out U.S. government stakes in big chip makers planning to expand their U.S. investments, including Taiwan's TSMC.

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00:00TSMC CEO C.C. Wei has confirmed that the Trump administration has no plans to take an equity

00:07stake in the chip giant.

00:19The statement comes after the White House says it has no plans to acquire equity in bigger

00:22firms like TSMC that are boosting investments in the U.S.

00:27On the other hand, U.S. President Donald Trump announced on Friday that the U.S. would take

00:31a stake, a 10 percent stake, in U.S. company Intel in exchange for government grants provided

00:36through the CHIPS Act.

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