Taiwan Semiconductor Manufacturing Co. ($TSM) expects the U.S. government funds that it has been promised under the CHIPS and Science Act to

Taiwan Semiconductor Manufacturing Co. (TSM) expects the U.S. government funds it has been promised to continue under the new administration of President Donald Trump. TSMC, as the company is commonly known,

TSMC (NYSE:TSM), the worlds largest contract chipmaker, expects continued U.S. government funding under President Donald Trump, CFO Wendell Huang said in a CNBC interview. TSMC has so far received $1.

Despite concerns over President-elect Trump's criticism of Taiwan's alleged semiconductor industry appropriation, TSMC's CFO Wendell Huang expressed confidence that the company will continue receiving CHIPS Act funding as its Arizona projects progress.