Taiwan looking forward to more chip investment in Arizona, Reuters reports

Taiwan President Lai Ching-te said Taiwan expects increased semiconductor investment in Arizona to strengthen ties with the U.S., highlighting TSMC’s (TSM) presence as a key example of bilateral industrial cooperation, Reuters’ Ben Blanchard and Yi-Chin Lee report. The comments come as President Donald Trump continues to push major chipmakers to expand U.S. investment, particularly in AI-related semiconductors. “We look forward to even more semiconductor manufacturing, research and development facilities springing up in the greater Phoenix area. This will continue to strengthen Taiwan-U.S. relations,” Lai said. Publicly traded companies in the space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN).