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TSMC shares drop after $100b US investment announcement

Shares of Taiwan Semiconductor Manufacturing Co (TSMC) declined by 2.25% on Mar. 4 after the company revealed plans for a US$100 billion investment in the United States.

This announcement followed a meeting between TSMC CEO C.C. Wei and US President Donald Trump at the White House on March, 3.

TSMC is recognized as the largest contract chipmaker globally.

Recent TSMC developments

Timeline
18-Feb-2025 🏭 TSMC’s US expansion on track despite groundbreaking rumors
  • TSMC’s Arizona projects progressing as planned
  • Investment totals over $65 billion for three fabs
17-Feb-2025 📄 TSMC leads Taiwan patent applications in 2024
  • TSMC leads Taiwan patent filings with 1,412
  • Nanya Tech ranks second with 466 patents filed
16-Feb-2025 ⚙️ TSMC weighs control of Intel’s US plants after Trump talks
  • TSMC considers stake in Intel’s US factories
  • Deal aims to strengthen US chip manufacturing
13-Feb-2025 🏭 TSMC holds first US board meeting, no new investments
  • TSMC’s board met in US; no new investments
  • Approved $17.14B for upgrades, $10B for hedging
11-Feb-2025 📉 TSMC lowers Q1 outlook due to January earthquake losses
  • TSMC adjusts Q1 revenue post-earthquake losses.
  • No structural damage; recovery efforts underway.
10-Feb-2025 📈 TSMC growth slows as DeepSeek fuels AI competition

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