Taiwan Semiconductor Manufacturing Co. Stock News

The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be credited to the Trump administration.

The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.

Taiwan Semiconductor Manufacturing (NYSE:TSM) is a chip stock many long-term investors have done well owning.

China's Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers undermines the interests of Taiwanese companies and raises tension across the Taiwan Strait.

TSM has delivered good results in the recent quarter and is showing strong tailwinds in key metrics. TSM's Arizona plant yield has surpassed that of comparable facilities in Taiwan, which can lead to greater support from the U.S. government. Intel is being bogged down by company-specific issues and has postponed or canceled several semiconductor plants.

The U.S. government said the company's AI chips can't go to China.

TSM stock fell Monday after the U.S. ordered Taiwan Semiconductor Manufacturing to halt shipments of advanced chips to China. The post Taiwan Chip Giant Curbs Sales Of Advanced Chips To China appeared first on Investor's Business Daily.

Nvidia and TSMC look more reasonably valued, relative to their growth potential.