**Taiwan Semiconductor Manufacturing Company Confirms No US Stake**
Taipei, Taiwan – August 23: C.C. Wei, Chairman and CEO of Taiwan Semiconductor Manufacturing Company (TSMC), confirmed on Friday that the US government will not pursue an ownership stake in the semiconductor giant. This announcement was reported by Focus Taiwan, with Wei stating, “They have announced they will not take a stake,” during a press briefing.
A spokesperson for TSMC echoed Wei’s remarks, clarifying to Taiwan’s Central News Agency that discussions regarding US government ownership had never taken place, nor had any requests been made. This clarification comes in response to an initial report by Reuters, which cited unnamed sources suggesting that the US was contemplating equity stakes in companies like TSMC that are receiving federal funding for the establishment of fabrication plants in the United States.
However, a US official later informed The Wall Street Journal that there were no such plans, specifically mentioning TSMC and Micron as companies exempt from any equity requirements. Despite this reassurance, the initial Reuters report caused market unease, leading to a 4.22% drop in TSMC shares in Taipei due to concerns over potential government interference.
In a related comment, Pegatron Chairman Tung Tzu-hsien referenced a well-known quote from former US President Ronald Reagan: “In this present crisis, government is not the solution to our problem; government is the problem.” He urged the US government to refrain from interfering in the operations of private companies.
Currently, TSMC is investing $65 billion to construct three advanced semiconductor fabrication facilities in Arizona, with the first facility already in commercial production since late 2024. In March, the company announced an additional investment of $100 billion in the state over the coming years, which includes plans for three more fabs, two integrated circuit assembly plants, and a research and development center.
In conclusion, TSMC’s commitment to its investments in the US semiconductor industry remains strong, despite market fluctuations and concerns regarding government involvement.
**FAQ**
**Will the US government take an ownership stake in TSMC?**
No, TSMC’s CEO has confirmed that the US government will not seek an ownership stake in the company, and there have been no discussions regarding this matter.