Taiwan has announced its support for TSMC's plans to invest in the US, while also ensuring that the most advanced semiconductor technology remains within the country.

The statement, made by the presidential office on Tuesday, reassured that Taiwan would assist the semiconductor giant in its future US investments.

However, the government emphasised that Taiwan would retain its cutting-edge chip technologies to secure its position as a leader in the global semiconductor industry.

TSMC, Taiwan's largest chipmaker, revealed plans for a significant$100 billion investment in the US to expand its presence and build five new chip manufacturing facilities over the coming years.

The announcement was made during a meeting between TSMC's CEO and US President Donald Trump on Monday.

Move like this one is part of a broader push to bolster semiconductor production in the US, particularly in response to global supply chain issues and national security concerns surrounding chip dependence on foreign markets.