Trump's Push for American-Made Chips Reshapes Taiwan's Semiconductor Industry

TSMC's margins take a hit even as Wistron shares surge on new Texas plant supplying Nvidia

President Donald Trump's drive to bring semiconductor manufacturing onto U.S. soil is producing sharply different fortunes for Taiwan's chip industry, squeezing the world's dominant chipmaker while lifting at least one of its rivals.

Taiwan Semiconductor Manufacturing Company, the island's flagship chipmaker, has pledged $200 billion toward U.S. manufacturing investment since Trump returned to power in 2025, according to CNBC. That expansion is now weighing on the company's profit margins as it builds out costly domestic operations to meet Washington's demands.

Meanwhile, shares of Wistron Corporation surged in Taiwan after the company opened its first U.S. facility, a Fort Worth, Texas, plant built to supply artificial intelligence superchips to Nvidia, CNBC reported. The launch marks a significant expansion of Wistron's American footprint and underscores how Trump's manufacturing agenda is redirecting investment and reshaping supply chains among Taiwan's technology giants.

Together, the two developments illustrate the uneven costs and rewards facing Taiwanese firms as they respond to U.S. pressure to relocate high-end chip production. While TSMC absorbs higher costs tied to its American buildout, Wistron's early mover status in Texas has translated into a swift payoff on the Taiwan Stock Exchange.

The divergence highlights the broader stakes for the global chip supply chain, as Washington continues pressing manufacturers to shift production away from Asia and toward domestic facilities central to the U.S. artificial intelligence buildout.

— Compiled from reporting by CNBC.