How much of the US-Taiwan trade pact is new given existing Taiwanese investments in the US?
Vonnie Quinn
Annabelle Jewelers
TSMC has committed around $165B to US infrastructure, part of the $250B direct investments in the pact. The deal lowers tariffs from 20% to 15%, aligning Taiwan with Korea and Japan.
What did TSMC's CFO say about the arrangement and enthusiasm?
Vonnie Quinn
Annabelle Jewelers
TSMC reported strong Q4 earnings and guidance for 2026, with capex of $52-56B, a substantial increase. There's a persistent tech gap: leading-edge tech will remain in Taiwan due to R&D/operations cooperation.
Annabelle Jewelers
TSMC's outlook gives confidence in AI demand being real, playing into market rallies in Europe, US, and Asia.