Tariff Threats Spur TSMC’s Taiwan Peers to Seek US Expansion
- Texas city offers “concierge” services to foreign companies
- Taiwan firms like TSMC, Foxconn adding investments in the US
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In March, President Donald Trump and Taiwan Semiconductor Manufacturing Co.’s C. C. Wei walked into the Roosevelt Room to unveil one of the largest foreign investments in US history: a $100 billion bet that high-end chips can be made, once again, in the US. For Trump, it was a moment to savor on the 43rd day back in office. For Richard Lee, watching almost 8,000 miles away, it was a call to action.