President Lai Ching-te said Taiwan was not pressured by the US “during TSMC’s US investment process”. Read more at straitstimes.com.

Taiwanese President Lai Ching-te has said semiconductor giant TSMC's decision to invest $100 billion in the US was not pressured by Washington. The firm has been facing calls to move more production abroad.

Taiwan Semiconductor plans $100b investment in US to meet high demand from customers for chips powering AI and smartphones. TSM stock down 4.57%.

Taiwan says China violated norms and caused a "high degree of danger" by announcing "live-fire exercises without prior warning" just off its coast.

C. C. Wei, recently announced a US$100 billion expansion investment at the White House, drawing significant attention. To clarify the situation, Taiwan's President Lai Ching-te held a press conference with Wei on the evening of the 6th at the Presidential Office to explain the entire process and the background of TSMC's investment decisions.

Taiwans president and top chipmaker TSMC held a joint news conference Thursday to defend the companys decision to invest USD 100 billion in the US, saying it stemmed from customer demand and not pressure from the Trump administration.

Taiwanese chipmaking giant TSMC's plan to invest $100 billion in the United States was a "historic moment" for Taiwan-US ties, the island's President Lai Ching-te said on Thursday.