Home Business & Finance US Government Wants TSMC to Produce Chips in the United States

US Government Wants TSMC to Produce Chips in the United States

US Government Wants TSMC to Produce Chips in the United States

As you might already know, the Taiwan Semiconductor Manufacturing Company or TSMC is pretty well-known among consumers as the company produces chips for tech giants such as Apple and Qualcomm. Additionally, the firm is also responsible for making chips for use by the US military. As a result, the US government wants TSMC to produce the chips in the United States to avoid any type of interference from Chinese government.

According to a recent report, TSMC is currently making chips that are used in F-35 fighter jets. As the tension between the United States and China continues to grow, the US government wants TSMC to produce the components in the United States. However, this isn’t the first time we are hearing about this. Back in November, US government asked the chip manufacturer to produce the chips in the United States. Understandably, the company hasn’t agreed to do so due to high cost of operations in the United States.

The company told, “We have never ruled out building or acquiring a fab [semiconductor fabrication plant] in the United States, but currently there is no concrete plan.”

“We’ve noticed that many U.S. tech executives and government officials are concerned about their country’s dependence on TSMC and the security of their defense industry’s supply chains,” added Su Tze-yun, director of Taiwan’s Institute for National Defense and Security Research.

As it stands, it’s likely that TSMC won’t agree to produce chips in the United States anytime soon.

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