Thursday, 21 November 2024

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South Asian Update

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Chip race tensions fuel ahead of Trump's taking office

 Published: 12:02, 13 November 2024

Chip race tensions fuel ahead of Trump's taking office

The chip race tensions between China, the US, and Taiwan have been fueling in the recent years, and after President-elect Donald Trump's win last week, estimates are on the rise that the US will attain a dominant position in the chip market.

According to recent reports, Taiwan Semiconductor Manufacturing Company (TSMC) allegedly found one of its chips in an artificial intelligence (AI) offering of the Chinese tech firm Huawei, which further fueled tensions as Huawei is on the US restricted list.

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