U.S. President Donald Trump has claimed that Taiwan Semiconductor Manufacturing Co. will spend roughly $300 billion building chip fabs in Arizona, eclipsing the Taiwanese firm’s previously disclosed $165 billion U.S. commitment. TSMC declined to comment, and analysts such as Ming-Chi Kuo said the inflated figure appears aimed at strengthening the administration’s bargaining position ahead of new trade measures. Trump added that the White House will impose a 100% tariff on imported semiconductor chips, with exemptions for companies manufacturing in the United States. The president said details of the sector-specific duties would be released “within the next week or so.” Hours after the tariff threat, Apple confirmed it will increase domestic spending by $100 billion, lifting its planned U.S. investment to $600 billion over the next four years. Other technology companies, including Micron and IBM, have separately announced multi-billion-dollar factory expansions that would position them to avoid the levy. The prospect of steep duties lifted shares of Nvidia and AMD, while Intel slid after Trump publicly urged chief executive Lip-Bu Tan to resign over alleged ties to China. Industry analysts warned that a 100% tariff could sharply raise costs for electronics makers that continue to rely on overseas fabrication.
Trump’s Chip Ultimatum: Invest in US Manufacturing or Face ‘A Very Large Tariff’ https://t.co/KQkqXvDCLd #technology #technews https://t.co/gahG7khHTo
Trump’s tariff threat puts semiconductors on display https://t.co/gObCiLsFqQ
President Trump announced that the US will levy a 100% tariff on imported semiconductor chips, while promising to exempt companies such as #Apple that move production back to the US. Our Paul Condra weighed in on what this tariff could mean for the tech industry as a whole⬇️ https://t.co/snQpAbDdjc