TSMC warns US tariffs could derail USD 165 billion Arizona investment

Taipei [Taiwan], May 24 (ANI): Taiwan Semiconductor Manufacturing Company (TSMC) has cautioned the US government that imposing tariffs on Taiwanese semiconductors could undermine its significant investment plans in Arizona, Focus Taiwan reported on Friday.

The company’s USD 165 billion investment aims to build advanced semiconductor fabrication facilities in the state, but TSMC warned that tariffs could reduce demand for chips and jeopardize the project’s success.