TSMC's Strategic Shift Amid Trade Tensions

This chapter explores Taiwan Semiconductor Manufacturing Company's (TSMC) $100 billion investment in U.S. chip factories as a strategic response to evolving U.S. trade policies and tariffs. It discusses the implications of these investments on TSMC's operations, earnings, and relationships with major partners like Intel, while also addressing challenges posed by fluctuating demand for AI-related chips. The chapter further analyzes the impacts of U.S. export controls on China's tech sector and the broader implications for global supply chains and manufacturing strategies.