Trump win casts cloud over TSMC and Samsung U.S. chip plans

Chipmakers have been counting on CHIPS Act funding that is now in question

20241106N TSMC Arizona

U.S. President Joe Biden talks to workers during a visit to TSMC's fab under construction in Phoenix, Arizona. © Reuters

YIFAN YU, Nikkei staff writer

PALO ALTO, California -- Taiwan Semiconductor Manufacturing Co. and South Korea's Samsung are facing an uncertain future in the U.S. as the two Asian chip giants wait to see whether the next administration under Donald Trump will continue to support their massive expansion plans.

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