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TSMC Executive Sees US Ties Intact After Trump Victory

The company projects Taiwan's chip sector output to hit NT$5.3 trillion in 2022, up 22%
Taiwan
t 2330.TW Blue Chip 150 OM 60 Semicon 75 Tech 350
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Taiwan’s semiconductor industry expects to maintain its strategic partnership with the US despite Donald Trump’s election victory, according to a senior Taiwan Semiconductor Manufacturing Co. executive.

TSIA (Taiwan Semiconductor Industry Association) Chairman and TSMC Senior Vice President Cliff Hou said the decades-long cooperation between Taiwan and US chip sectors would likely continue, though some adjustments to existing arrangements may occur. The semiconductor association hasn’t received formal notification about Trump’s proposed tariff increases.

Taiwan’s chip industry output is projected to reach NT$5.3 trillion ($165 billion) this year, growing 22% annually. The island maintains its position as the global leader in manufacturing and chip packaging, while ranking second in design.

The industry group is pushing for expanded partnerships to strengthen Taiwan’s semiconductor supply chain, encouraging foreign companies to establish material design centers locally. TSIA has also outlined industry power needs for the next two decades as part of its 2050 net-zero emissions commitment.

Hou indicated that semiconductor demand would improve across various sectors, based on feedback from TSIA members. The association urged local chipmakers to accelerate R&D investments while deepening international cooperation and focusing on sustainability goals.

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