TSMC is confident it will continue to receive CHIPS Act funding in the U.S. under the incoming Donald Trump administration, says its Chief Financial Officer.

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.

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.

Taiwan Semiconductor Manufacturing Co. (TSMC) is at the centre of a geopolitical and economic tug-of-war as it navigates US efforts to localise semiconductor manufacturing. While the Biden administration allocated $6.

Wendell Huang, CFO of TSMC talks about the prospect of CHIPS Act funding and says China isn't closing the technology gap with TSMC in chipmaking.