Globalization 'almost dead,' TSMC founder says amid US moves

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Globalization 'almost dead,' TSMC founder says amid US moves
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TSMC founder says 'globalization is almost dead' as Asian foundry giant expands in US

the Arizona fab plan represents"one of the largest foreign direct investments in the history of the United States."

"Twenty-seven years have passed and [the semiconductor industry] witnessed a big change in the world, a big geopolitical situation change in the world. Globalization is almost dead and free trade is almost dead. A lot of people still wish they would come back, but I don't think they will be back," said Chang, according to Japanese newspaperIt's one of the blunter statements offered in the semiconductor industry lately.

Growing export restrictions led by the US against China are forcing the Asian nation to alter chips and double down on homegrown technologies that can replace components, tools, and materials it can no longer access.

However, US sanctions have compelled TSMC to pivot in other ways. This has mainly been seen with TSMC customers, such as Chinese chip designers Alibaba and Biren Technology, who were forced to halt production of new GPUs so that they could

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