The report, titled “America’s Chip-for-Chip Tariff Policy: The Urgent Fight to Reclaim Industrial Independence Before It’s Too Late,” finds that the United States now produces only 10 percent of the world’s chips—and almost none of the most advanced ones—while China has captured the majority of global capacity for legacy chips, the mature semiconductors essential to cars, medical devices, and industrial equipment.| Coalition For A Prosperous America
It is kind of incredible to see TSMC’s margin trajectory over the last five years. Their current operating margin is now basically same as their gross margins pre-pandemic. What is even more remarkable is how they were able to expand margins so much despite a persistent headwind from ramping| MBI Deep Dives