On Thursday, Taiwan pledged $500 billion to support semiconductor operations in the United States, and both sides agreed to a trade deal cutting tariffs on Taiwanese goods to 15%. A White House announcement detailed the pact, and a social post stated the commitment.
The $500 billion splits into $250 billion in direct investments to expand advanced semiconductor, energy, and artificial intelligence operations in the US. The other $250 billion will act as credit guarantees for further investment in the American semiconductor supply chain.
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The US agreed to cut duties from 20% to 15%, aligning Taiwan with Japan and South Korea trade terms. While the White House statement did not name TSMC specifically, US Commerce Department officials said the company and others will lead the $250 billion in planned investment, and TSMC stock was up over 5% at press time.
