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

SaltWire's Atlantic regional weather forecast for October 26, 2023 | SaltWireNEW YORK - The founder of the world's biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will slow down the global chip industry.

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.

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