Taiwan Semiconductor Manufacturing Co. (TSMC) is at the centre of a geopolitical and economic tug-of-war as it navigates US efforts to localise semiconductor manufacturing. While the Biden administration allocated $6.

Taiwan Semiconductor CFO Wendell Huang told CNBC the U.S. chip subsidies will likely continue under Trump as the fabrication plants pass construction and production milestones. Also Read: Western Digital Faces ‘Challenging Pricing Environment,’ But There’s Long-Term Potential: Analysts

Wendell Huang, CFO of TSMC talks about the prospect of CHIPS Act funding and says China isn't closing the technology gap with TSMC in chipmaking.