TAIPEI, Taiwan (AP) — Taiwan’s president and top chipmaker TSMC held a joint news conference Thursday to defend the company’s decision to invest $100 billion in the U.S.

This photo shows the logo of TSMC (Taiwan Semiconductor Manufacturing Company) during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan, Oct. 14, 2022. Credit: AP/Chiang Ying-ying ...