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Trump’s victory casts a cloud over the American chip plans of TSMC and Samsung
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Trump’s victory casts a cloud over the American chip plans of TSMC and Samsung

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

The president-elect has criticized the bipartisan CHIPS Act, legislation enacted under President Joe Biden in August 2022 that provides billions of dollars in support to bring semiconductor manufacturing to U.S. soil.