The president criticized Biden's $6.6 billion grant to TSMC's Arizona operations. "I gave them no money," Trump declared. "All I did was say, if you don't build your plant here, you're going to pay a big tax."

TSMC has already committed to a $100 billion U.S. investment, including five new chip facilities. The company announced these plans at the White House in March. This expansion marks a significant shift from their previous $65 billion investment target.

The timing is noteworthy. TSMC faces a potential $1 billion penalty over export control violations related to Huawei Technologies. The investigation centers on chips that ended up in Huawei's AI processors.

Trump claims his approach drove TSMC's expanded investment without taxpayer money. He suggested tariffs could range from 25% to 100%, though specifics remain unclear. TSMC declined to comment on Trump's statements.

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Editor-in-Chief and founder of Implicator.ai. Former ARD correspondent and senior broadcast journalist with 10+ years covering tech. Writes daily briefings on policy and market developments. Based in San Francisco. E-mail: editor@implicator.ai