TSMC prepping for tariff turmoil, denies JV talks with Intel

This is primarily driven by customer demand from clients such as Nvidia and AMD rather than in response to the threat of tariffs, according to TSMC.

The company said it had not yet decided whether future advanced process nodes such as its A14 (1.4nm) and A10 (1nm) technologies would also be put into operation in its US facilities.

The second point directly contradicts the first point. If the expansion in the US was driven by demand, then one would think building out future nodes in the US would also be subject to the same dynamic.