Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Taiwan Semiconductor manufacturing co.The commitment of $ 100 billion to expand manufacturing in the US. It is “great news,” the Qualcomm CEO, Cristiano Amon, said Tuesday, CNBC on Tuesday, and added that it helps with the diversification of chips manufacturing locations.
Amon also addressed the tariff policy of US President Donald Trump, suggesting that long -term technological trends would overcome any short -term uncertainty.
Trump announced Monday that TSMC would invest $ 100 billion in the United States. which would be used to build more chips manufacturing plants in Arizona. TSMC is the world’s largest semiconductor manufacturer and supplies chips like Qualcomm, Apple and Nvidia.
The United States, under Trump’s leadership and former President Joe Biden, has tried to bring the manufacture of avant -garde chips closer to the American soil on the grounds that it is a matter of national and economic security to have these advanced technologies closer to home.
Many in the technology industry have supported these plans, including Qualcomm.
“Look, this is great news,” said Amon. “It shows that semiconductors are important. It will be important for … the economy. Economic security means access to semiconductors. More manufacturing is music for our ears.”
Amon said that some of the Qualcomm chips are already manufactured in existing TSMC plants in Arizona and in the future, the company will obtain more semiconductors made in the United States.
“TSMC is a great manufacturing provider for Qualcomm. They have an installation in Arizona. We already have chips built in Arizona. The more we put the capacity we will use, in the same way that we have been using in Taiwan, we will use it in other places,” said Amon.
Global companies are also digesting the imposition of rates by the United States in Mexico and Canada, as well as additional duties in China.
The Qualcomm CEO, Cristiano Amon, speaks at the Computex forum in Taipei, Taiwan, June 3, 2024.
Ann Wang | Reuters
Amon said that it is currently difficult to predict the impact on Qualcomm of the rates.
“It’s hard to know because you don’t know exactly how this is going. The interesting thing is that we are big
Chips exporters. We are not an importer of french fries … the chips go to the devices. They are made worldwide, and it is difficult to really know what is happening, “said Amon.
“We are just navigating according to the result.”
The Qualcomm CEO said there are a series of key technological trends that probably support the US giant business in the long term, in the long term, tariff uncertainty.
We are right in the “beginning of a significant update for the smartphones of AI. We are seeing that PC changing to the PCs of AI. Cars are becoming computers. That is what our business is promoting, not necessarily what we are going to see in the short term,” said Amon.
