TSMC Reportedly Won’t Be Significantly Affected by U.S. Chip Tariffs, Since the Taiwan Giant Sells Only 1% of Its Products Directly to American Entities

While the US tariff threat looms over chip firms, TSMC seems unlikely to see much of an impact, given that the firm’s semiconductor sales to US entities account for a tiny portion. TSMC’s Push Towards Manufacturing In The US Puts It At a Prime Spot To See Exceptions From US Chip Tariffs The industry sees chip tariffs under Section 232 as the ‘kryptonite’ for chip companies that work with the US, since high taxation in the semiconductor business means that the USG will gobble up the already slim profit margins. TSMC has voiced concerns about the possibility of chip tariffs […]

Read full article at https://wccftech.com/tsmc-reportedly-wont-be-significantly-affected-by-us-chip-tariffs/