Biggest Onshoring in US History Will Rebuild America’s Chip Industry: Fmr Under Sec. of State Krach
In 2020, the world’s largest and most advanced chip maker, #Taiwan Semiconductor Manufacturing Company (TSMC), announced a plan to build a 12 billion dollar plant in #Arizona. Where they will produce 3 nanometer #chips. This is the largest onshoring in #U.S. history. What is the full strategic meaning of this #onshoring for #America? The biggest onshoring in US history: #TSMC (Taiwan Semiconductor Manufacturing Company) will set off the rebuilding of America’s Chip industry, said former under secretary of State Keith Krach. The U.S. also recently passed several bills that will help America compete effectively with #China in the #hightech arena. How impactful will that legislation be? What are China’s vulnerabilities and how will U.S. capital markets react to the recent disastrous #IPO of #DiDi, China’s version of #Uber?
In 2020, the world’s largest and most advanced chip maker, #Taiwan Semiconductor Manufacturing Company (TSMC), announced a plan to build a 12 billion dollar plant in #Arizona. Where they will produce 3 nanometer #chips. This is the largest onshoring in #U.S. history. What is the full strategic meaning of this #onshoring for #America? The biggest onshoring in US history: #TSMC (Taiwan Semiconductor Manufacturing Company) will set off the rebuilding of America’s Chip industry, said former under secretary of State Keith Krach. The U.S. also recently passed several bills that will help America compete effectively with #China in the #hightech arena. How impactful will that legislation be? What are China’s vulnerabilities and how will U.S. capital markets react to the recent disastrous #IPO of #DiDi, China’s version of #Uber?
