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The most important company you’ve never heard of is being dragged into the U.S.-China rivalry

It’s been called Taiwan’s Silicon Shield, and without it much of modern life would cease.

Taiwan Semiconductor Manufacturing Co., or TSMC, makes more than half the world’s contracted semiconductor chips and lies at the center of the technology supply chain, churning out circuitry found in iPhones, Amazon cloud computers, graphics processors that power popular video games and even military drones and fighter jets like Lockheed Martin’s F-35.

But TSMC is confronting problems it had never anticipated when a Taiwanese American engineer, who spent 25 years at Texas Instruments and is revered here like a hometown Bill Gates, founded it in the late 1980s. The company has been drawn into an increasingly bitter — and at times dangerous — rivalry between the U.S. and China that is forcing nations and corporations to choose sides in an era that is redefining the global order.
Read more at Yahoo News

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