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TSMC to benefit from change in chip industry
www.taipeitimes.com, Jul. 09, 2021 –
The global semiconductor supply chain is to see a transformation, spearheaded by the US government's move to tackle chip shortages and safeguard its economy, which would benefit semiconductor foundries, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), Fitch Ratings said yesterday.
The US Innovation and Competition Act (USICA), endorsed by the White House and passed by the Senate, would allocate large-scale funding for domestic chip production to alleviate supply chain crunches and ensure dependable semiconductor sourcing. The bill is awaiting passage by the US House of Representatives.
Leading chip makers such as TSMC, South Korea's Samsung Electronics Co and the US' Intel Corp would be the biggest beneficiaries due to their specialty in producing leading-edge nodes, Fitch said.
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