Get all your news in one place.
100's of premium titles.
One app.
Start reading
PC Gamer
PC Gamer
Andy Edser

US Commerce Secretary says if China seized TSMC it would be 'absolutely devastating' to the US economy, as it buys 92% of its cutting-edge chips from the Taiwanese manufacturer

US Commerce Secretary Gina Raimondo speaking at a hearing in the US house.

TSMC's position as the world's largest chip manufacturer puts it in an enviable position in many ways, not least that the entire world is dependent on its output of today's best computer chips, and it reaps huge financial rewards as a result. 

However, nowhere is that dominance more keenly felt than in the United States, as US Commerce Secretary Gina Raimondo ponders what might happen should it fall into antagonistic hands.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.