2026-02-12
34 分钟The Economist.
It’s rare to hear the President of the United States getting too into the weeds,
or at least trying to get into the weeds,
when it comes to complex manufacturing.
And today TSMC has announced that it will construct a second fab here in Phoenix
to build chips, three nano chips.
The three nano chip.
Chips that are three nano.
Anyway, you know what I’m saying.
But chip making is different.
And for good reason.
Semiconductors are the backbone of the 21st century economy
and really, without the semiconductors, there is no economy.
Politicians worry about the semiconductor industry because the supply chain is so precarious.
Most of the manufacturing of chips happens in East Asia, in Taiwan, for example.
And the machines that are used to make chips come from either Silicon Valley,
where some of them are still made, or the Netherlands or Japan.
And so there’s not a single region today that can make cutting edge chips on its own.
It’s susceptible to snarl ups and bottlenecks.
It’s almost like nobody saw it coming.