The U.S. authorities are panicked about losing access to Taiwanese chips

The U.S. authorities are panicked about losing access to Taiwanese chips

U.S. Secretary of Commerce Gina Raymondo has previously campaigned for a more rapid set of measures to support the national semiconductor industry, and this week scared senators with the threat of a deep and instant recession in the event of a loss of access to the production capacity of Taiwan's partners.

In her interview with CNBC, the U.S. Secretary of Commerce mentioned the dependence of the country ' s defence industry on the supply of semiconductor components from Taiwan, and the loss of access to this supply channel, she said, would pose significant risks to national security. At the moment, as Ms. Raymondo explains, the US receives up to 90% of its advanced lithographic chips from Taiwan.

The U.S. authorities have recently shown concern over the rhetoric of the PRC, which refuses to recognize Taiwan's independence. TSMC is planning to build a contract chip production facility in Arizona by 2024, but the national industry subsidy initiative promoted by the U.S. authorities is still under discussion, although significant progress has already been made this week. TSMC management has repeatedly noted that the cost of construction in the U.S. has been higher than expected, and therefore expects to receive some compensation from the State. Without similar enterprises in the U.S. territory, as Raymondo has summarized, the country will depend too much on other States.