2024-05-10 04:54:54
The takeover of chipmaker Taiwan: Strongest earthquake in 25 years – Germans in tunnel”>TSMC in the event of a Chinese invasion of Taiwan would be catastrophic for the US economy, US Commerce Secretary Gina Raimondo said.
As Day.Az reports with reference to RBC, her words are quoted by Reuters.
When asked about the consequences of a possible Chinese invasion, Raimondo noted that they would be “absolutely devastating.”
“The United States now purchases 92% of its advanced chips from TSMC,” explained the head of the Ministry of Commerce.
In April, the United States announced the allocation of $6.6 billion to the American division of TSMC for the construction of factories in Arizona, as well as loans of $5 billion. In return, the Taiwanese company agreed to increase investments in its American enterprises from $40 billion to $65 billion and build a third plant in Arizona by 2030 . At one of the factories, TSMC will produce the most advanced 2-nanometer chips. Production is expected to begin in 2028.
TSMC is the main supplier of semiconductors to Nvidia and Apple.
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