In accordance with final minute developments, after the knowledge that Donald Trump would announce a “large funding” prior to now hours, it was revealed what this funding was.
US President Trump introduced that TSMC plans to speculate $100 billion in america, and a lot of the funding shall be in Arizona. As well as, he stated: “TSMC will construct 5 extra chip factories in america, and the overall funding in america will attain at the very least $165 billion.”
Following the announcement, TSMC shares rose, paring losses to 2.5%.
*This isn’t funding recommendation.
