Taiwan has proposed supporting its tech companies in creating industry clusters in the United States, rejecting a U.S. government proposal for a 50-50 chip production split. Vice Premier Cheng Li-chiun stated the government's opposition to the production split, emphasizing Taiwan's focus on maintaining semiconductor leadership and national security. TSMC, a key player in this strategy, has committed $65 billion to its Arizona fabrication plants. This development underscores Taiwan's strategic priorities, though it does not directly impact cryptocurrencies or digital assets.
Taiwan Rejects U.S. 50-50 Chip Production Proposal, Plans Tech Investment
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