Taiwan's chip prowess is built on democracy and rule of law, president says
TSM•U.S. and EU push for more investment
Speaking in a pre-recorded video message to SEMICON played shortly before Lai spoke, Jacob Helberg, U.S. under secretary of state for economic affairs, said semiconductors will shape who leads in AI, how defence capabilities will evolve, and "who sets the terms of the global economy for the next generation".
"Now, Taiwan is investing in the United States, joining us in building up our manufacturing base because the world has learned, sometimes the hard way, that concentration without resilience is a vulnerability," he added.
Lai said that Taiwan will work with countries around the world on chips in the face of natural disasters, pandemics or "geopolitical shifts" to diversify risk.
While the majority of Taiwan's overseas tech and chip investment in recent years has been in the U.S., the European Union has also been keen to catch up, led by TSMC's €3.5 billion ($4.06 billion) investment in Germany for the company's first factory in Europe.
