Biden Flirts With Trump… Then Cheats on Him With Taiwan’s $6.6 Billion Chip Deal

We all saw the oddly flirty White House photoshoot between Joe Biden and Donald Trump that had everyone wondering if they were about to announce a joint TikTok account (and maybe even kiss on camera). Biden looked happier than a kid at an ice cream truck, and some analysts even speculated he secretly wanted Trump back in office the whole time after being pushed to the front porch by his own party.

(Source: Hindustan Times)

But then Joe flipped the script. This morning, Uncle Joe inked a $6.6 billion deal with Taiwan Semiconductor Manufacturing Company. The mission? Crank up U.S. chip production and make sure America has some silicon swagger before Biden hands over the Oval Office keys (assuming Trump doesn’t change the locks and put his name on the door in gold lettering).

The funds are part of the $52.7 billion CHIPS and Science Act, a bipartisan initiative aimed at resuscitating America’s chip-making industry. (You know, because outsourcing 90% of semiconductor production to foreign nations was maybe not the brightest idea).

The deal secures funding for TSMC to build three cutting-edge factories in Phoenix, Arizona. We’re talking $65 billion in TSMC’s own investment to pump out the most advanced chips the U.S. has ever seen.

Commerce Secretary Gina Raimondo called it “the most sought-after technology on the planet.” She even clapped back at skeptics, saying TSMC’s decision to bring its most sophisticated chip technology stateside is proof the U.S. can still bring its A-game. And by “A-game,” she means A16 nanometer chips and 2-nanometer production starting in 2028.

(Source: The Nation)

Ironically, chip factories don’t spring up overnight. Most of these projects won’t even break ground, let alone produce chips, until Trump’s potential second term. (Awkward.) That gives The Donald a prime opportunity to claim credit for job creation when federal dollars start flowing like Coco-Cola at Mar-a-Lago.

Trump’s already voiced skepticism about the CHIPS Act, labeling it a handout for rich companies. On The Joe Rogan Experience, he argued tariffs would’ve gotten the job done. “You didn’t have to put up 10 cents,” Trump said. “Tariff it so high they’ll build factories here for free.” (Classic Trump, always negotiating, even when he’s not at the table).

And let’s not forget the jobs. Phoenix is about to see a manufacturing boom that’ll make your average suburb’s Costco expansion look like small potatoes. By the end of this year, TSMC will receive at least $1 billion of the grant money, with more to follow as they hit construction milestones.

As for Trump’s next nickname for Biden? “Semiconductor Joe” has a nice ring to it. Maybe “Big Chip Biden”? Bottom line? Whether this turns out to be a win for U.S. manufacturing or just another government-funded pipe dream, one thing’s certain: both parties will be trying to claim credit for whatever happens in 2028.

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