TSMC(US:TSM) Huan Qiu Wang·2025-05-26 00:23Core Viewpoint - TSMC has issued a strong warning against potential U.S. semiconductor tariffs, stating that such measures could jeopardize its investment plans in Arizona, which amount to $165 billion [1][3][4]. Group 1: TSMC's Investment Plans - TSMC plans to invest $165 billion in the U.S., which includes the construction of six advanced wafer fabs, two advanced packaging plants, and one R&D center, marking the largest single foreign direct investment in U.S. history [3][4]. - The company emphasizes that its investment will create significant job opportunities, including 40,000 jobs during the construction phase and thousands of semiconductor manufacturing and R&D positions once operational [4]. Group 2: Response to U.S. Tariffs - TSMC's letter to the U.S. Department of Commerce strongly suggests that any tariffs or import controls should not undermine U.S. national security goals, including TSMC's investment plans in Arizona [3][4]. - The letter is viewed as one of TSMC's most forceful responses to the potential tariffs, indicating that the company might reconsider its investment if tariffs are imposed [3][4]. Group 3: Economic Impact and Industry Reactions - TSMC's investment is expected to generate $200 billion in indirect economic benefits for the U.S. [4]. - The Taiwanese media and political figures have expressed concern over the government's response to TSMC's position, questioning the adequacy of support from the Taiwanese authorities in light of U.S. pressures [5][6][7].