US-China tech war: Taiwan’s TSMC joins American chip coalition in another blow to China’s self-sufficiency drive

May 12, 2021 | INVESTING

Taiwan Semiconductor Manufacturing Company Co (TSMC), the world’s biggest chip foundry, has joined a new lobbying group dominated by top American chip developers and users, in a move that may make it harder for China to wean itself off a US-led global semiconductor supply chain.The Semiconductors in America Coalition (SIAC), which includes 65 major players along the semiconductor value chain, announced its formation on Tuesday with the immediate purpose of pushing the American government to…

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