US Signs Breakthrough Chip Deal with TSMC, as it Tries to Contain China | Vantage with Palki Sharma

US Signs Breakthrough Chip Deal with TSMC, as it Tries to Contain China | Vantage with Palki Sharma

The White House has announced that it has signed a non-binding agreement with Taiwan's semiconductor-chips giant TSMC. Washington has agreed to grant $6.6 billion to help the company set-up chip-manufacturing plants in Arizona, with an aim to produce American chips by next year. Earlier, US had imposed several restrictions on China's imports of semiconductors. Despite that, however, Beijing's imports of chip making equipment have increased by 90%. Palki Sharma tells you how leading countries are competing with each other for a slice of the global chip production.

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United States | TSMC | Taiwan | Chip-Manufacturing | Semiconductor Chips | China | New Weapon | Firstpost | World News | Vantage | Palki Sharma

#unitedstates #tsmc #taiwan #chips #manufacturers #semiconductor #semiconductorchips #weapons #china #firstpost #vantageonfirstpost #palkisharma #worldnewshindi

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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