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C.C. Wei

C.C. Wei

CEO, TSMC

Appears in 2 stories

Stories

America's semiconductor reshoring bet

Money Moves

CEO, TSMC - Overseeing massive US expansion

The United States produced 37% of the world's semiconductors in 1990, but by 2024 that share had fallen below 10%, with Taiwan manufacturing over 90% of the most advanced chips. A $500 billion US-Taiwan trade framework, initiated with a January 16, 2026 memorandum and formally signed February 12, commits Taiwanese firms to $250 billion in direct US investments plus $250 billion in credit guarantees for semiconductors, AI, and energy in exchange for 15% tariffs (down from 20%).

Updated Feb 13

TSMC's $56 billion bet on AI supremacy

Money Moves

Chairman and CEO, TSMC - Leading TSMC through AI expansion

TSMC manufactures over 90% of the world's most advanced chips. On January 15, 2026, the company announced it would spend up to $56 billion this yearβ€”a 37% increase from 2025β€”to expand capacity for AI processors. Net profit jumped 35% to a record $16 billion, and the company projected 30% revenue growth for 2026. The same day, the U.S. and Taiwan finalized a $250 billion trade agreement committing Taiwanese companies to expand semiconductor manufacturing in America.

Updated Feb 4