TAIPEI (Taiwan News) — “Chip War” author Chris Miller arrived in Taiwan on Tuesday to attend a forum where he described TSMC's NT$3.3 trillion (US$100 billion) investment in the US as an "extraordinary success.”
Miller was invited to attend a forum at National Chengchi University. The event was sponsored by the Research Institute for Democracy, Society, and Emerging Technology with the theme "Taiwan's National Security and the Global Semiconductor Industry under Trump 2.0," per CNA.
Miller was asked whether TSMC's investment could alleviate the US government's concerns about TSMC's market monopoly. According to Miller, every leading technology company with a strong market share, such as AT&T, IBM, Microsoft, and Apple has faced an antitrust investigation. Therefore, it is not surprising that TSMC faced a similar inquiry.
He said the press conference involving TSMC Chair C.C. Wei (魏哲家) and US President Trump showed the company's investment has diminished such concerns. Miller said TSMC's investment allows it to, in effect, enter a partnership with the new US administration.
This was evident as Trump expressed support for TSMC at the press conference, praising TSMC's technology and central role in the US AI supply chain. Miller believes one US government's goals is to acquire leading semiconductor manufacturing technology.
He said this can be done by recruiting more Taiwanese manufacturers to move to the US, though he questioned what incentives the US could provide to attract such companies to increase their investment.
Miller said Trump's imposition of tariffs on China during his second term has affected trade-dependent countries such as Taiwan, as he expects the politicization of the chip industry will create new challenges. However, cooperation between the US and Taiwan in semiconductors is crucial to both countries.