Trump Says TSMC Will Invest $300 Billion in the US

1. TSMC's official investment amount is $165 billion, while Trump previously stated $200 billion. Trump's further increase to $300 billion seems to be a warm-up for the upcoming semiconductor tariffs, consistent with his own approach of "starting with a very high number and then working down."

2. Recent market rumors have suggested that during the US-Taiwan tariff negotiations, Trump/the US side demanded TSMC acquire a 49% stake in Intel or make an additional $400 billion investment. However, my understanding is that TSMC was not mentioned during the US-Taiwan tariff negotiations. Trump's unilateral statement about TSMC's $30 billion investment in the US confirms my view: if necessary, the US government can make unilateral statements or directly contact TSMC. 3. If the above market rumors are true, TSMC will invest a total of $565 billion in the United States, far exceeding the $300 billion Trump claimed, indicating that the market rumors are untrue.

4. Some in the US government did previously consider a TSMC stake as one of several potential options for revitalizing Intel. However, as the US government has come to understand the challenges Intel faces, and with the current CEO Lip-Mo Chen taking office, such voices have significantly diminished. $TRUMP