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@ Layer3.news
2025-03-07 06:56:36
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TAIWAN HAILS ‘HISTORIC’ TSMC DEAL WITH US, BUT WILL IT LOSE THE ‘SILICON SHIELD’ PROTECTING IT FROM CHINA?
https://i.guim.co.uk/img/media/79567405abdf7999f5caf89915b83cff94730a6c/254_418_6468_3883/master/6468.jpg?width=140&quality=85&auto=format&fit=max&s=e77f17eee8f143039dfc2c24a6d083cb
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✍️ TSMC, a Taiwanese semiconductor company, announces a $100bn investment in the US, the largest foreign direct investment in US history, avoiding massive tariffs and creating tens of thousands of construction jobs.
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👉 TSMC's $100bn investment in the US is the largest foreign direct investment in US history
👉 The deal avoids massive tariffs for the global chip industry
👉 The investment will create tens of thousands of construction jobs in the US
👉 TSMC's chip industry contributes up to 15% of Taiwan's GDP
👉 The deal has raised concerns about Taiwan's security and the potential weakening of its 'silicon shield'
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#CCWei #DonaldTrump #LaiChing-te #KoJu-Chun #Kwei-boHuang #WhiteHouse #Taiwan #US #business
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