Biggest Onshoring in US History Will Rebuild America’s Chip Industry: Fmr Under Sec. of State Krach

Zooming In China

In 2020, the world’s largest and most advanced chip maker, Taiwan Semiconductor Manufacturing Company (TSMC), announced a plan to build a 12 billion dollar plant in Arizona. Where they will produce 3 nanometer chips. This is the largest onshoring in U.S. history. What is the full strategic meaning of this onshoring for America?

The biggest onshoring in US history: TSMC (Taiwan Semiconductor Manufacturing Company) will set off the rebuilding of America’s Chip industry, said former under secretary of State Keith Krach.

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