\nThe post Trump believes TSMC is a „trustworthy” company appeared first on Android Headlines.
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![](\"https:\/\/plus.maciejpiasecki.info\/wp-content\/uploads\/2025\/04\/Donald-Trump-image-3843983439.jpg\")
\nSource: ndroidheadlines.com <\/p>\n","protected":false},"excerpt":{"rendered":"
The US president has been quite vocal about TSMC ever since he and the company\u2019s CEO jointly announced a $100 billion chip manufacturing investment package. For the uninitiated, this is the package through which TSMC would build more chip facilities in the US. Now, Wccftech reports that Taiwanese press outlets suggest TSMC has yet to submit its details to the Taiwanese government for the package\u2019s approval. Despite that, Trump believes that TSMC is trustworthy and will live up to its word.<\/p>\n
Trump says TSMC is trustworthy, as he is positive about the $100 billion investment <\/p>\n
Speaking with Time Magazine, Trump praised his tariff strategy. He said it would ensure that American and foreign companies with overseas manufacturing operations to shift to the US. Trump further cited NVIDIA while lauding his tariff strategy. For the uninitiated, NVIDIA recently announced investing $500 billion in the US over four years to build AI data centers. <\/p>\n
When Trump cited TSMC\u2019s CEO, the interviewer questioned if he finds him trustworthy and was confident about funds flowing to the US. In response, Trump replied, \u201cI\u2019ll tell you why I trust them. First of all, I think they\u2019re trustworthy people. But more importantly, they have no choice, because they won\u2019t be able to pay the tariffs if they don\u2019t do it.\u201d Despite TSMC announcing a 30 percent hike for its chips manufactured in the US, it hasn\u2019t lost customers.<\/p>\n
The President initially also threatened TSMC with a 100% tax<\/p>\n
Although Trump finds TSMC trustworthy, he initially threatened TSMC with a 100 percent tax. The tax would have been applicable if it had failed to expand its manufacturing to the US. Speaking about it in a political event, Trump said, \u201cAll I did is say, If you don\u2019t build your plant here, you are going to pay a big tax. Twenty-five, maybe 50, maybe 75, maybe 100%.\u201d<\/p>\n
Not to forget, TSMC has been among the headlines, even before Trump praised it as a trustworthy company. The chip manufacturer recently unveiled its 1.4nm process. It has also confirmed to begin mass-producing 2nm chips, starting in the second half of 2025. Moreover, a report from earlier this month also silenced rumors about TSMC and Intel forming a joint venture.
\nThe post Trump believes TSMC is a „trustworthy” company appeared first on Android Headlines.
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\nSource: ndroidheadlines.com
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