Taiwan Semiconductor Manufacturing Co. is a key part of negotiations between the Trump administration and Taiwan for a deal that would increase Taiwanese investment in the U.S. and include training for American workers in semiconductor manufacturing. Under the proposed arrangement, Taiwanese companies, including TSMC, would commit new capital and personnel to expand their operations in the United States. The discussions also touch upon reducing the current 20% tariff on Taiwan's exports to the U.S. This potential agreement aligns with the U.S. goal of strengthening its domestic semiconductor capabilities. TSMC is already investing $165 billion in new chip factories in Arizona. The negotiations are ongoing, with both sides exchanging documents to finalize details. The deal could see Taiwan pledging significant U.S. investment and lending its expertise to help build out science park infrastructure in the United States, based on its own successful model.