However, he clarified that there are no restrictions on producing advanced chips abroad, except in China.

Recent US media reports have speculated about potential discussions between TSMC and Intel regarding a stake acquisition, though neither company has confirmed these claims.

In response, US President Donald [hamburger-eating surrender monkey] Trump criticised Taiwan for allegedly diverting American semiconductor business and expressed a desire to repatriate the industry.

Minister Kuo reassured that Taiwan's semiconductor industry remains strong and that the government fully supports TSMC, often called the nation's "sacred mountain" due to its economic significance.

He stated that while the government will not interfere with TSMC's decisions, significant overseas investments require prior approval from the economy ministry.

TSMC is currently investing $65 billion in new facilities in Arizona, USA, with plans to produce advanced 2-nanometer chips there in the coming years. This move aligns with Taiwan's policy prohibiting the manufacture of its most advanced chips in China.

Amid concerns over potential US tariffs on Taiwanese products due to trade imbalances, Kuo mentioned that the ministry is gathering information to discuss with the Trump administration to secure favourable conditions for Taiwanese companies.