TSMC Invests $265B in Arizona as Chip Tariffs Threaten Costs
Taiwan seeks to keep innovative chip-making at home as the U.S. and Europe push for more domestic production. TSMC is investing $265 billion in Arizona, while other Taiwanese companies plan another $20 billion in the U.S. U.S. authorities have warned that chip tariffs could hurt firms that don’t produce products in the U.S., where costs are higher for non-local manufacturing.