Why Taiwan Semiconductor (TSM) Is Retreating Today

Chip maker Taiwan Semiconductor (TSM) is falling 3% after it was reported that the company intends to increase its investment in the U.S. to $100 billion over the next four years.

President Donald Trump is slated to officially announce the news later today. TSM’s CEO, C.C. Wei, will reportedly attend the event.

A semiconductor chip with intricate circuitry, highlighting the company’s tech capabilities.

TSM’s History of Planned Investments in the U.S.

In 2020, TSM spent $12 billion to expand its operations in Arizona during the first Trump administration. In April 2024, the chip manufacturer committed to spending $65 billion to launch a third plant in Arizona by 2030. As a result of the latter move, the company received $6.6 billion in grants and $5 billion of loans from Washington under the Biden administration.

TSM’s Comments Today

“Back in 2020, thanks to President Trump’s vision and support, we embarked on our journey of establishing advanced chip manufacturing in the United States. We’re pleased to have an opportunity to meet with the President and look forward to discussing our shared vision for innovation and growth in the semiconductor industry, as well as exploring ways to bolster the technology sector along with our customers,” a company spokesman stated.

The Recent Price Action of TSM Stock

In the last month, the shares have slid 13%, while they are down 10% in the last three months.

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Disclosure: None. This article is originally published at Insider Monkey.