Global Analysis from the European Perspective. Preparing for the world of tomorrow

TSMC chair balks on efforts to move chip output to U.S

If chips are the new oil of the current era, then it pays to hear from the chip chiefs such as TSMC Chairman Mark Liu.

He revealed plenty about the U.S. desire to boost domestic chip manufacturing after decades of neglect in a rare and extraordinary interview on “60 Minutes.” Liu said U.S. companies and the government should not focus on the costly process of shifting the chip supply chain to the U.S. and instead pay more attention to R&D and global collaboration. Source Fierce

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