If China were to invade Taiwan, then the most-advanced chip factory in the world would be rendered inoperable, TSMC Chairman Mark Liu said.
, which sets aside billions of dollars in incentives to build chip factories on U.S. soil. President Biden is expected to sign the bill on Tuesday.it is critical for national security to secure the supply of efficient and modern chips for U.S. usage if China were to invade or otherwise make it more difficult to manufacture chips in Taiwan., TSMC is building a $12 billion fab in Arizona that could benefit from the subsidies.
Liu compared a potential conflict in Taiwan to Russia's invasion of Ukraine earlier this year, saying that while the two conflicts are very different, the economic impact to other countries would be similar. He encouraged political leaders to try to avoid war.Liu said an invasion would cause economic turmoil for China, Taiwan and western countries. He said that TSMC sells chips to consumer-facing Chinese companies that need TSMC's services and the supply of advanced computer chips.
"How can we avoid war? How can we ensure that the engine of the world economy continues humming, and let's have a fair competition," Liu said.
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