Taiwan president and TSMC CEO defend $100bn U.S. investment

Wei says company is expanding to meet demand, does not need subsidies

20250306 Lai ching te and TSMC

Taiwan President Lai Ching-te: "This is TSMC's moment, Taiwan's moment and a historic moment in Taiwan-U.S. relations."(Photos by AP and Reuters)

THOMPSON CHAU

TAIPEI -- Taiwan's president and the CEO of TSMC, its largest company, held a joint press conference on Thursday defending the chipmaker's decision to invest $100 billion to build additional chip facilities in the U.S.

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