TSMC and Intel (INTC) are bellwethers of the semiconductor market. TSMC is the world’s largest contract chipmaker, while Intel is the leading manufacturer of CPUs for PCs and servers.
US Chips Act Serves No One
US President Joe Biden signed the CHIPS and Science Act into law on Tuesday with the aim of stimulating the country’s semiconductor industry and maintaining its technological supremacy (albeit with doubts).
The Hidden Suppliers of the Chip Industry
Since the start of the pandemic, chip shortages have majorly impacted the automotive, information technology and consumer electronics sectors, partly due to disruptions in production processes and supply chains amid increased demand.
