meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

TNB Tech Minute: Trump, TSMC Announce $100 Billion Investment in U.S.

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 3 March 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus, two tech executives face trial under foreign bribery law despite President Trump putting the statute on hold. And Microchip Technology slashes more jobs amid declining sales. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Ready to launch your business? Get started with the commerce platform made for entrepreneurs.

0:04.8

Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.

0:12.5

Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.

0:17.5

From startups to scaleups, online, in person, and on the go.

0:22.0

Shopify is made for entrepreneurs like you.

0:24.5

Sign up for your $1 a month trial at Shopify.com slash setup.

0:31.2

Here's your TNB Tech Minute for Monday, March 3rd.

0:35.0

I'm Julie Chang for the Wall Street Journal.

0:37.8

Taiwan Semiconductor Manufacturing plans to invest at least $100 billion more in chip manufacturing

0:45.1

plans in the U.S. over the next several years. President Trump and the company announced

0:50.0

the plan earlier today. TSM plans to use the funds to add to its chip manufacturing in Arizona

0:56.1

at a White House appearance with the president, TSM's CEO, said the company will construct three new

1:02.0

chip plants, two chip packaging plants, and a research and development center. The company's expansion

1:07.7

would advance the U.S.'s goal to bring back the domestic semiconductor industry

1:12.2

after manufacturing largely went to Asian countries in recent decades. Two tech executives are

1:18.7

heading to trial over foreign bribery, despite President Trump putting the law against it on hold.

1:24.8

Gordon Colburn and Stephen Schwartz are two former executives at cognizant

1:29.0

technology solutions. They were charged in 2019 over their alleged involvement in paying bribes

1:34.9

in India, where the company has a large presence. The men, accused of authorizing a $2 million

1:40.4

payment, have pleaded not guilty. They are about to go on trial under the U.S.

1:45.4

Foreign Corruption Practices Act, but President Trump signed an executive order last month to put a halt

1:50.7

to initiating any investigations or enforcement actions under the statute. Jury selection will

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.