TSMC blames Japan delay on traffic after ‘warm’ talks with Trump

The CEO of TSMC, C.C. Wei, addresses delays in a Japanese plant expansion, attributing them to worsening traffic conditions despite U.S.-led efforts to boost capacity worth $100 billion in Arizona. While emphasizing productive discussions with leaders like Trump earlier in the year, Wei acknowledges significant challenges, including labor shortages, making it extremely tough for TSMC to meet its production goals within five years. Wei's comments underscore the company's strategic push across regions amid geopolitical tensions and rising demand for Nvidia chips critical to AI development, following incentives from Tokyo and expanding operations in Japan after Trump's presidency.