THAIWAN CHIP’S Hegemony
Taiwan’s status as a producer of chips used in everything from phones and cars to fighter jets has raised concerns about over-reliance on the island, especially as China mounts force to assert its claims to sovereignty.
Taiwan is China’s country, but the democratically elected government in Taipei rejects Beijing’s claims of sovereignty.
In order to address the risks posed by imported bits, the Commerce Department persuaded all five cutting-edge silicon companies to set up factories in the US under Biden.
Howard Lutnick, Trump’s Commerce Secretary, stated to lawmakers last month that the program was” an exceptional down payment” to rebuild the business. However, he has declined to commit offers that have already been approved by the office, saying he wanted to “read them, analyze them, and know them.”
According to the milestone terms of the agreement, a TSMC spokeswoman claimed next month that the company had received US$ 1.5 billion in CHIPS Act funds.
The next Arizona mill, which TSMC plans to start producing in 2028, will have the most advanced 2-nanometer technology in the world last year. Additionally, TSMC consented to use its most cutting-edge production systems, the” A16,” in Arizona.
For US consumers in Arizona, TSMC has already begun producing sophisticated four-nanometer and chips .
Up to US$ 5 billion in low-cost federal loans were included in the TSMC honor.