The decision by the world’s largest contract chipmaker could help Japan revive its advanced semiconductor manufacturing

Some TSMC staff said they were reluctant to move to the US due to “potential culture clashes” and concerns around “difficult to manage” American workers

Berkshire's investors are still trying to figure out why Buffett decided to sell most of its stake in the chipmaker

It is rare but not unprecedented for Berkshire to quickly undo a multi-billion dollar investment in a company's stock

The Taiwanese company is already building a $8.6 billion chip facility in the country as part of efforts to diversify its production base

A leading indicator of the demand for technology globally, the island's export orders are also likely to see a significant decline in December

Taiwan's export orders often arrive two to three months ahead of actual exports as a leading sign of demand for high-tech goods and Asian exports

TSMC announced on Tuesday it would more than triple its planned investment at its Arizona plant to $40 billion

The US President's visit follows the Taiwanese chipmaker’s move to more than triple its planned investment in the factory to $40 billion

It is imperative for the island to remain competitive as countries including the United States, Japan and South Korea offer billions to bolster their chip industries, the economy ministry said

Taiwan, home to the world's largest contract chipmaker, TSMC, plays an outsized role in providing chips used in everything from cars to fighter jets

World's largest contract chipmaker TSMC is building a $12 billion semiconductor plant in US state of Arizona