Taiwan chip deal is worth a total of $500 billion, US Commerce Secretary Lutnick says
Core Viewpoint - A new U.S. trade deal with Taiwan will lead to a total investment of $500 billion in semiconductor manufacturing, with $250 billion coming from Taiwanese companies and another $250 billion from the Taiwanese government [1] Group 1: Investment Details - Taiwanese companies are set to invest $250 billion in semiconductor manufacturing as part of the trade agreement [1] - The Taiwanese government will also contribute an additional $250 billion to the semiconductor sector [1] Group 2: Industry Impact - The investment aims to expand semiconductor manufacturing capabilities in Taiwan, which is crucial for the global supply chain [1]