The world relies on one chip maker in Taiwan, leaving everyone vulnerable
Has its monopoly on the industry gone too far? Taiwan Semiconductor Manufacturing Co.’s (TSMC) has a huge influence over the global economy. Analysts believe its hard-driving culture and deep pockets make it difficult for an international competition to catch up. Yang Jie, Stephanie Yang and Asa Fitch explore how TSMC’s dominance poses risks to the global economy amid geopolitical tensions and a major chip shortage.
From The Wall Street Journal