TSMC urges U.S. to include foreign firms in chip industry support

Comments come as Intel CEO says Washington should prioritize domestic players

20211203 TSMC

TSMC Chairman Mark Liu says more investment in the U.S. chip industry is good for everyone. (Source photos by Shinya Sawai and Cheng Ting-Fang) 

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Shutting foreign chipmakers out of a planned subsidy program would have an "adverse" impact on the U.S. chip industry, the head of Taiwan Semiconductor Manufacturing said on Friday, following remarks by Intel that Washington should prioritize investment in American players.

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