TSMC(US:TSM) Hua Er Jie Jian Wen·2026-02-10 05:55Group 1 - The Trump administration plans to provide tariff exemptions for large tech companies like Amazon, Google, and Microsoft, linking the exemptions to TSMC's investment commitments in the U.S. [1] - TSMC has committed to investing $165 billion in building capacity in the U.S., and the exemption scale will be proportional to this investment [1] - The U.S. Department of Commerce is still adjusting the plan, which has not yet received presidential approval, and aims to ensure that the integrity of the tariff and rebate goals is maintained [1] Group 2 - The exemption will allow TSMC to allocate its tariff exemption quotas to U.S. clients, enabling them to import chips without tariffs [1] - The scale and scope of rebates for large U.S. tech companies will depend on TSMC's projected capacity in the U.S. over the coming years, with many details still unclear [1] - The White House has warned that the Secretary of Commerce has suggested imposing broader tariffs on semiconductors, which could be high, as part of a national security investigation [2]