China Says TSMC Could Become 'United States Semiconductor Manufacturing Co.' As Trump Pushes US Chipmaking - Apple (NASDAQ:AAPL), Intel (NASDAQ:INTC)

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On Wednesday (February 26), the Chinese authorities criticized the Taiwanese authorities for trying to give Taiwan's semiconductor industry as a “gift” to the US and use this to seek political support from Washington.

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China Says TSMC Could Become 'United States Semiconductor Manufacturing Co.' As Trump Pushes US Chipmaking - Apple (NASDAQ:AAPL), Intel (NASDAQ:INTC)

China accused Taiwan of attempting to surrender its prized semiconductor industry to the United States as a “souvenir” to gain political support, amid reports that Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) has been in talks for a stake in Intel Corp (NASDAQ:INTC). Speaking at a Wednesday news conference, China’s Taiwan Affairs Office spokesperson Zhu Fenglian claimed Taiwanese citizens worry TSMC could transform into “United States Semicondu…

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China taunts Taiwan with claim that chip foundry TSMC could soon become 'USSMC' or the 'United States Semiconductor Manufacturing Co.'

Won't somebody please think of the people...?

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US Chip Policy Upheaval Has Asian Chip Giants on Tenterhooks

Reports that the Trump Administration is moving to gut the agency responsible for disbursing tens of billions of subsidies for top chipmakers to set up operations in the US has rocked some of the biggest companies in north Asia. Chipmaking giants such as TSMC (Taiwan Semiconductor Manufacturing Co), plus Korea’s Samsung Electronics and SK Hynix have been on tenterhooks, closely following developments in the US given Trump’s abrupt change of poli…