BTCC
/
BTCC Square
/
Global Cryptocurrency
/
TSMC Stock Dips as U.S. Excludes Firm from Equity Stake Plan Under CHIPS Act
TSMC Stock Dips as U.S. Excludes Firm from Equity Stake Plan Under CHIPS Act
4
2
BTCCSquare news:
Taiwan Semiconductor Manufacturing Co. (TSMC) shares fell 1.3% despite securing an exemption from U.S. equity stake requirements under the CHIPS Act. The TRUMP administration's policy shift focuses on taking ownership positions only in chipmakers without significant U.S. expansion plans—excluding TSMC and Micron due to their $100 billion and $6.6 billion investments, respectively.
Semiconductor supply chains are undergoing historic realignment, with the U.S. and EU collectively investing over $96 billion to secure production. TSMC's Arizona fab projects, valued at $65 billion, underscore Washington's reliance on its advanced manufacturing capabilities.
By:
