US-China tensions will slow global chip industry, TSMC founder says

© Reuters. FILE PHOTO: Morris Chang, the founder of the Taiwan Semiconductor Manufacturing Company , attends a Chip War book event in Taipei, Taiwan March 16, 2023. REUTERS/Ann Wang/File Photo

U.S. officials earlier this month enacted another set of export restrictions that clamped down on what chips and chipmaking tools can be exported to China after Huawei Technologies last month showed off a phone with a new domestically manufactured chip. Chang said that the effects of such decoupling were already becoming clear and that many previous economic conflicts between established and emerging powers had ended in wars.

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