According to CNBC, influenced by President Trump's push for chip manufacturing to return to the United States, TSMC stated that overseas capacity expansion has pushed up production costs and will continue to drag down the company's profit margin in the coming years. TSMC has announced a cumulative investment of $200 billion in the United States, including the latest announced $100 billion advanced semiconductor manufacturing and advanced packaging project. TSMC's Chief Financial Officer, Huang Renzhao, stated that the production of overseas wafer fabs is expected to bring about a gross profit margin pressure of about 2% to 3% in the early stages of the next few years, which may expand to 3% to 4% in the later stages. Morningstar analysts estimate that the cost of chip production in the United States is 20% to 50% higher than that in Taiwan, China.
