Stock Markets February 8, 2026

Taiwan Says Moving 40% of Its Chip Capacity to U.S. Is 'Impossible'

Vice Premier reiterates island's commitment to domestic semiconductor growth while offering tactical expansion support to the United States

By Derek Hwang TSM
Taiwan Says Moving 40% of Its Chip Capacity to U.S. Is 'Impossible'
TSM

Taiwan's vice premier pushed back on U.S. calls for a large transfer of semiconductor production to America, saying relocating 40% of the island's capacity is unattainable. Taipei signalled it will continue to grow its domestic ecosystem while increasing targeted investment and knowledge-sharing in the United States under existing agreements.

Key Points

  • Taiwan Vice Premier Cheng Li-chiun said moving 40% of Taiwan's semiconductor capacity to the U.S. is "impossible" and reaffirmed that the island's semiconductor ecosystem cannot be relocated.
  • Taiwan will continue to grow domestic semiconductor capacity while expanding its presence and investment in the United States, without relocating science parks.
  • U.S. Commerce Secretary Howard Lutnick has pushed for bringing more semiconductor manufacturing to the United States, including a 40% market share target and previous mention of a 50-50 production split; Taiwan and the U.S. agreed to lower tariffs and increase Taiwanese investment in the U.S.

Taipei's government has rejected proposals to shift a large portion of the island's semiconductor output to the United States, with Vice Premier Cheng Li-chiun saying it would be "impossible" to move 40% of Taiwan's semiconductor capacity to the U.S. In comments aired on Taiwanese television channel CTS late on Sunday, Cheng argued that Taiwan's chip ecosystem has been cultivated over decades and cannot be transplanted wholesale.

Cheng said she told U.S. officials directly that the 40% goal floated by some in Washington could not be achieved. "I have made it very clear to the United States that this is impossible," she said, referring to the 40% target.

At the same time, Cheng left open the prospect of expanded Taiwanese investment within the United States. She said Taiwan's semiconductor industry will continue to invest at home and that the island's overall capacity will only increase. "Our overall capacity (in Taiwan) will only continue to grow," she said. "But we can expand our presence in the United States."

Cheng framed any overseas expansion as complementary to, not a replacement for, Taiwan's domestic industry. "Our international expansion, including increased investment in the United States, is based on the premise that we remain firmly rooted in Taiwan and continue to expand investment at home," she said, adding that Taiwan would not relocate its science parks but is willing to share its experience in building an industry cluster to help the U.S. develop a similar environment.

The exchange follows recent public comments from U.S. officials pressing for a substantial reallocation of semiconductor manufacturing. U.S. Commerce Secretary Howard Lutnick said on Tuesday that the United States needs to bring semiconductor production to American soil, arguing it is illogical to have "all semiconductor manufacturing 80 miles from China." He added, "So we need to bring it back."

Lutnick has set a 40% market share goal for leading-edge semiconductor manufacturing during his administration. In a previous interview last month on CNBC, he said his objective was to bring 40% of Taiwan's entire chip supply chain and production to the United States, and warned that if this did not happen, tariffs on Taiwan could increase substantially, potentially to 100%.

Other comments by Lutnick have included a proposed split of manufacturing, with a 50-50 balance in chip production between the United States and Taiwan. Taiwan formally rejected that idea at the time, and Cheng's latest remarks reiterate that relocation at the scale proposed is not feasible for the island's established industry.

Taiwan and the United States reached an agreement last month to adjust tariffs on Taiwanese exports to the U.S., lowering them from 20% to 15%, with a corresponding commitment from Taiwan to raise investment in the United States. Cheng said Taiwan's semiconductor capacity - accounting for existing facilities, those under construction and planned projects across advanced manufacturing, advanced packaging and the broader supply chain - will substantially exceed any measures of Taiwanese investment in the United States or other countries.

The world's largest contract chipmaker, TSMC, is already pursuing investment in the United States. The company is investing $165 billion to build factories in the U.S. state of Arizona, a project noted in public discussion of Taiwan-U.S. cooperation.


While Taipei emphasises continued domestic expansion and knowledge-sharing, U.S. officials continue to advocate shifting more of the semiconductor supply chain onto U.S. soil. The two sides have agreed to lower tariffs on Taiwanese exports and increase Taiwanese investment in the United States, but significant differences remain over the scale and pace of any relocation of production.

Risks

  • Policy friction over semiconductor relocation and tariffs could create uncertainty for semiconductor companies and the broader technology supply chain, potentially affecting investment decisions in manufacturing and packaging.
  • Differences in expectations between Taiwanese and U.S. officials on the scale of production shift may complicate implementation of bilateral agreements and slow cooperative projects aimed at building U.S.-based industry clusters.
  • Threats of punitive tariffs if relocation targets are not met introduce economic and market risk to exporters from Taiwan, especially in sectors reliant on cross-border semiconductor trade.

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