Investing
TSMC seeks up to $15 billion from US but objects to certain conditions- WSJ
© Reuters. FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. REUTERS/Ann Wang/File Photo
(Reuters) – Taiwan Semiconductor Manufacturing Co Ltd is pushing back on some of the conditions the United States has attached to chip-factory subsidies, as it seeks up to $15 billion from the U.S. government, the Wall Street Journal reported on Wednesday.
TSMC, which in December more than tripled its planned investment at its new Arizona plant to $40 billion, is concerned about rules that could require it to share profits from the factories and provide detailed information about operations, WSJ reported, citing people familiar with the matter.
TSMC did not immediately respond to a Reuters request for comment.
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