{"id":21946,"date":"2022-12-08T14:01:54","date_gmt":"2022-12-08T14:01:54","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/08\/globalization-almost-dead-tsmc-founder-says-amid-us-moves-the-register\/"},"modified":"2022-12-08T14:01:54","modified_gmt":"2022-12-08T14:01:54","slug":"globalization-almost-dead-tsmc-founder-says-amid-us-moves-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/08\/globalization-almost-dead-tsmc-founder-says-amid-us-moves-the-register\/","title":{"rendered":"Globalization ‘almost dead,’ TSMC founder says amid US moves \u2022 The Register"},"content":{"rendered":"

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Comment<\/span> Caught in the middle of an escalating trade war between the US and China, the founder of Taiwanese contract chip-making giant TSMC has stated that globalization and free trade are “almost dead” as his company expands in the US for the first time in over 20 years.<\/p>\n

Morris Chang reportedly made the comments at Tuesday’s ceremony for TSMC’s advanced chip manufacturing site in Arizona, where the company plans to spend roughly $40 billion<\/a> to open a 4nm fab in 2024 and a more sophisticated 3nm plant in 2026. The company said<\/a> the Arizona fab plan represents “one of the largest foreign direct investments in the history of the United States.”<\/p>\n

“Twenty-seven years have passed and [the semiconductor industry] witnessed a big change in the world, a big geopolitical situation change in the world. Globalization is almost dead and free trade is almost dead. A lot of people still wish they would come back, but I don’t think they will be back,” said Chang, according to Japanese newspaper Nikkei<\/a> and other news reports.<\/p>\n

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