Equity Stakes
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TSMC Rejects US Dominance: Boldly Returns Subsidies Amid Forced Equity Demands
The U.S. CHIPS Act, designed to boost domestic semiconductor manufacturing, may involve the government taking equity stakes in companies like Intel, TSMC, and Samsung in exchange for subsidies. While not actively pursued now, this approach aims to ensure commitment to significant U.S. investments. TSMC, facing substantial U.S. investments, is reportedly prepared to forgo subsidies rather than accept forced equity, viewing the relatively small subsidy amount as less critical to its overall plans.