0320 GMT - TSMC's fresh $100 billion investment plan in U.S. semiconductor manufacturing without subsidies is a policy win for the Trump administration, ING analyst Jan Frederik Slijkerman says in a note. Governments across the world have been working to shift chip manufacturing capacity closer to home to reduce geopolitical risks. While subsidies remain an important driver for local production elsewhere in the world, the threat of a U.S. tariff on chips could provide a strong incentive for U.S production, he says. The analyst thinks the tariff risk has contributed to TSMC's decision to invest $100 billion in Arizona after its $65 billion commitment under the Biden administration, he says. While the chip industry's outlook is relatively solid, he thinks tariffs could weigh. (sherry.qin@wsj.com)
(END) Dow Jones Newswires
March 05, 2025 22:20 ET (03:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。