Tough Road Ahead for U.S. Firms Trying to Cut Reliance on Taiwan Chipmakers

Asian countries produce more than 70% of global semiconductors — Taiwan and South Korea, in particular, have established unrivaled positions in high-end chip manufacturing capacity. U.S. tech firms rely on Taiwanese contract manufacturers to produce up to 90% of their chips, according to Sebastian Hou from CLSA. Taiwanese chipmakers are...