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Semiconductors

TSMC founder chides U.S. plan for full chip supply chain onshore

Chang calls domestic push unfeasible, with $52bn in subsidies far too little

TAIPEI -- As U.S. lawmakers look to invest $52 billion in the American chip industry, the founder of Taiwan Semiconductor Manufacturing Co. calls the plan far too small for rebuilding a complete supply chain in the country.

Morris Chang, an American citizen who founded the company that is now the world's most valuable chipmaker, says it would be impossible for the U.S. to have a full chip supply chain onshore even if it spent far more -- and that such a move may not be financially desirable in any case.

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