TAIPEI -- Taiwan's chipmakers have launched an unprecedented investment spree worth around $120 billion that will strengthen their grip on the global market, even as the U.S. warns against overreliance on an island at risk of a Chinese invasion.
Southern Taiwan Science Park was a hive of activity in late May. Trucks rumbled along the road, hauling in materials like steel beams for the forest of cranes building ever more chip factories at the site.
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