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Stock impact report

Trump says he told TSMC it would pay 100% tax if it doesn't build in US [Yahoo! Finance Canada]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
"TSMC, I gave them no money ... all I did was say, if you don't build your plant here, you're going to pay a big tax," Trump said. In March, TSMC, the world's biggest contract chipmaker, said at the White House that it plans to make a fresh $100 billion investment in the U.S. that includes building five additional chip facilities in coming years. Earlier on Tuesday, Reuters reported the chipmaker could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor. (Reporting by Nandita Bose and Ryan Patrick Jones, Editing by Sandra Maler and Sonali Paul) Recommended Stories Show less Read more
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