TSMC calls on Washington to drop tariffs on semiconductors made outside the U.S.
The U.S. Commerce Department has asked the public for comments on its plan to apply tariffs on semiconductors arriving on U.S. shores, and several tech companies responded with written protests. According toPC Mag, Taiwan Semiconductor Manufacturing Company (TSMC) has one of the more strongly worded responses, warning that applying import duties on chips will significantly reduce the demand for its customers' electronic products. This would lead to a massive decline in revenue, which would affect the timeline of its$165 billion investment in Arizona....