Taiwan Semiconductor Manufacturing Co.An obligation of $ 100 billion to expand production in the United States is “Great News,” the executive director of Qualcomm, Cristiano Amon, said on Tuesday, adding that it helps diversification locations for making chips.
Amon also addressed US President Donald Trump’s tariff politics, suggesting that long -term technological trends would surpass any short -term uncertainty.
Trump posted on Monday TSMC would invest $ 100 billion in the US. which would go towards the construction of multiple plants for making chips in Arizona. TSMC is the world’s largest semiconductor manufacturer and delivers chips like Qualcomm, Apple and Nvidia.
The United States, under the guidance of Trump and former President Joe Biden, sought to bring more top production chips to US soil because it is a matter of national and economic security to bring these advanced technologies closer home.
Many have supported these plans in the technological industry, including Qualcomm.
“Look, this is great news,” Amon said. “It shows that semiconductors are important. It will be important for … economics. Economic security means access to semiconductors. More production is music on our ears.”
Amon said that some of Qualcomm’s chips were already manufactured in the existing TSMC factories Arizona, and in the future the company will get more semiconductors in the United States
“TSMC is a great production supplier for Qualcomm. They have a facility in Arizona. We already have chips built in Arizona. The more capacities we use, the in the same way we will use it in Taiwan, we will use it in other locations,” Amon said.
Global companies also digest Tariff imposing by the US -Au Mexico and Canada, as well as additional duties in China.
Executive Director Qualcomm Cristiano Amon speaks at the Computex Forum in Taipe, Taiwan, June 3, 2024.
Ann Wang | Reuters
Amon said it is currently difficult to predict the effect on Qualcomm from the tariff.
“It’s hard to say because you don’t know exactly how it will pass. Interestingly we’re big
Chips exporters. We are not an importer of chips … chips go to devices. They are made all over the world and it’s hard to really know what’s going on, “Amon said.
“We’ll just move on the basis of what is the outcome.”
Qualcomm Executive Director said there are a number of key technological trends that will probably support the business of the American Diva in the long run, in a short time of insecurity of tariffs.
We are just at “the beginning of a significant upgrade for AI smartphones. We see computers change on AI pcs. Cars become computers. This is what drives our job, not necessarily what we will see in the short term,” Amon said.
