TSMC Founder Morris Chang said that even as he supported U.S. efforts to slow China chip advances, the “bifurcation” of the global supply chain and the reversal of globalisation would increase prices and reduce the ubiquity of chips that power the modern world.
An article by CNBC quoted experts who felt the Biden’s China chip curbs are the latest in a series of upheavals prompting chipmakers to relocate production chains to neighbouring countries. It named Vietnam as one of the cost-efficient semiconductor manufacturing bases with lower levels of political challenges, despite others’ remaining hopeful of China.
TSMC, the world’s largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a building that could serve as its second chip factory in Arizona in the United States.
The company’s main manufacturing plant in Kancheepuram, Tamil Nadu in India currently produces 400,000 chips per day, which are already on the market, and it hopes to reach its full capacity of 1 million per day within the next few months.
The U.S. Senate on voted to move ahead with a slimmed-down version of legislation to provide billions of dollars in subsidies and tax credits for the semiconductor industry, hoping to ease a shortage that has disrupted production in industries from automobiles to electronics and high-tech weapons.