To protect its interest in Taiwan, a specialy in the semiconductor industry the U.S. issues a potential “threat” to China. Saying that if China invades Taiwan the U.S. would consider bombing those factories.
Taiwan Semiconductor Manufacturing Company with a market value of over $550 billion, it’s one of the world’s 10 most valuable companies with 92% of all the world’s chips manufactured. The TSMC also produces 24% of all the world’s most advanced chips, found in today’s iPhones, fighter jets and supercomputers. Now the first world’s most advanced TSMC chip manufacturing plant is being built in Phoenix, Arizona. The U.S. hope is that this $12 billion investment which is scheduled to start production in 2024 will reverse our dependency on chip manufacturing in Asia.
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Original Milken Institute Panel :https://milkeninstitute.org/panel/14484/united-states-and-china-navigating-strategic-competition-invite-only
Interview with Hon. Robert O’Brien: https://youtu.be/xPe7kqYg67w