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TSM
CNBC
212 days

TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang

1. TSMC receives $1.5 billion from government under CHIPS Act for Arizona plants. 2. TSMC plans to build three Arizona fabs with a total investment of over $65 billion. 3. Construction of TSMC's second Arizona plant is on track for 2028 operations. 4. Market responds positively to TSMC's record profits from AI chip demand.

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FAQ

Why Bullish?

Continuity of government funding fosters TSMC's growth outlook, similar to past subsidies.

How important is it?

Ongoing U.S. support strengthens TSMC's position in the semiconductor industry significantly.

Why Long Term?

Investment in Arizona plants will yield benefits over several years, similar to TSMC's Taiwan expansions.

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