U.S. House Speaker Nancy Pelosi’s meeting with Mark Lui, chairman of the Taiwan Semiconductor Manufacturing Corporation (TSMC) during her trip to Taiwan has not received much attention. This is said to be one of the causes of the current serious crisis between the United States and the Chinese Communist Party.
According to Fortune, Pelosi’s trip coincided with U.S. efforts to convince TSMC – the world’s largest chip maker to set up a manufacturing base in the U.S. and stop supplying Chinese companies.
In recent years, Taiwan’s autonomy has become an important geopolitical interest for the U.S., as the island dominates the semiconductor manufacturing market.
Semiconductors used to produce chips – are indispensable components in all modern technological devices. More importantly, they are an indispensable component in advanced military applications. Therefore, chips play a very important role in America.