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The US has reached a trade deal with Taiwan that fends off the threat of huge tariffs on cutting-edge chips from TSMC, the major semiconductor manufacturer for AMD, Apple, and Nvidia.
The deal, announced on Thursday by the Commerce Department, calls for Taiwan’s semiconductor industry to make investments of “at least $250 billion” to build and expand their chip manufacturing in the US. Commerce says the deal will “drive a massive reshoring of America’s semiconductor…
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The US has reached a trade deal with Taiwan that fends off the threat of huge tariffs on cutting-edge chips from TSMC, the major semiconductor manufacturer for AMD, Apple, and Nvidia.
The deal, announced on Thursday by the Commerce Department, calls for Taiwan’s semiconductor industry to make investments of “at least $250 billion” to build and expand their chip manufacturing in the US. Commerce says the deal will “drive a massive reshoring of America’s semiconductor…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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