Citadel CEO Ken Griffin worries about America’s dependence on Taiwan’s semiconductor industry and that U.S. restrictions on selling advanced computer chips to China could make invading Taiwan more tempting to Beijing.
America is “utterly and totally dependent on the Taiwanese for modern semiconductors,” the billionaire hedge fund chief said at this week’s Bloomberg New Economy Forum in Singapore. “The United States has no ability to produce anywhere near the number of semiconductors it needs to run its economy.”
