TSMC Prepping for Tariff Turmoil, Denies Joint Venture Talks with Intel
TSMC’s CEO C.C. Wei recently assured analysts that the company is not considering a joint venture with Intel, despite rampant speculation. The semiconductor giant is focused on navigating potential tariff implications amidst the uncertainty created by the Trump administration’s import tax policies.
Key Points
- TSMC records a 35% year-on-year revenue increase, totalling $25.53 billion.
- CEO Wei denied any joint venture discussions with Intel and clarified their current operations.
- TSMC is investing heavily in new fabs in Arizona to meet demand from clients like Nvidia and AMD.
- The firm has become increasingly wary of the unpredictability tied to tariffs impacting customer behaviour.
- TSMC plans to produce 2nm chips in the US, marking a significant technological advancement.
Why should I read this?
If you’re keeping an eye on the semiconductor industry or the impacts of US trade policies, this article is for you! TSMC is a major player in the chip market, and their adjustments in response to tariffs could affect tech prices and availability. Plus, understanding these dynamics could save you time when discussing future tech developments!