The spokeswoman’s remarks were made during a Twitter chat hosted by Bloomberg Technology. She said that the bill’s size and TSMC’s capital expenditure hardly touch the surface of setting up large-scale facilities. The interview took place earlier this week, during which officials from Bloomberg Technology spoke with Ms. Elizabeth Sun, who worked with Dr. Morris Chang, the company’s creator, at TSMC for 16 years, from 2003 to 2019. https://twitter.com/technology/status/1552112285149192192 She was asked which areas of the U.S., E.U., Japan, and China have the highest potential for creating a robust semiconductor sector. Ms. Sun responded by stating the following: The chipmaking sector is a difficult one to stay continuously profitable according to Elizabeth adding that the record demand following the coronavirus outbreak had obscured this truth on the corporations’ financial sheets. She continued by saying that because the industry is so capital and technologically intensive, it is almost hard for newcomers to catch up to the established firms. A number of provisions in the CHIPS Act provide government assistance for chip businesses that wish to either establish factories in the United States or institutes for the study and development of novel chipmaking technology, notably for nodes with feature sizes less than three nanometers.
