TSMC CEO C.C Wei stated the company will not donate to or attend the upcoming presidential inauguration, citing a preference for a low profile. However, the decision likely stems from the looming threat of tariffs imposed by President-elect Trump, who has previously accused TSMC of stealing American business and relocating it to Taiwan. This avoidance could be a strategic move by TSMC to observe the situation and assess the potential impact of Trump's policies on its business model.
Reserving a Galaxy S25 gives you a $50 Samsung Credit, extra savings of up to $1,250, and a chance to win $5,000!President-elect Donald Trump will be sworn in on January 20 and many big-name tech leaders will be present at the ceremony. TSMC (
TSMC CEO C.C Wei said that the company will neither be donating to the inaugural ceremony or sending anyone to attend. Wei said that this was because TSMC likes to keep a low profile but I think there might just be something a bit deeper at play here. Trump has said before that TSMC has “stolen” American business and placed it in Taiwan. Other similar remarks indicate that the incoming president may pose a threat to TSMC’s business model. After these statementsA donation to the inauguration isn’t guaranteed to make TSMC’s troubles go away so I suppose it kind of makes sense for the company to just stay back and observe for the time being. The tariff threats may turn out to be a nothingburger and TSMC may continue its operations as usual.
TSMC Trump Tariffs Inauguration Business
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