For manufacturers, the location of their factories is very important because it determines the price of the end product.
This does not only entail the cost of labour but it also looks at the country’s policies and taxation.
For some time now, the US has not been favourable to pitch a factory, especially for non-US companies.
TSMC is a global leading chip manufacturer.
In addition to its American commercial customers such as Apple and AMD, the Taiwanese chipmaker also manufactures chips for DARPA (American Defense Advanced Research Projects Agency).
Last month, there were reports that high-ranking US officials contacted TSMC.