Taiwan Semiconductor Manufacturing Co. (TSMC) announced Thursday it will increase investments in its production capabilities by $100 billion over the next three years — and raise prices on its chips — to handle “a structural and fundamental increase in underlying demand driven by key long-term growth megatrends including 5G and high-performance computing.”
The U.S. Commerce Department announced the addition of over 60 more Chinese entities to the export blacklist Friday, including Semiconductor Manufacturing International Corp. (SMIC), China’s largest producer of computer chips.
Turkish President Recep Tayyip Erdogan lashed out against the United States on Tuesday and called for a boycott on American electronics to retaliate against the Trump administration’s tariffs on steel. It was not clear from Erdogan’s remarks if he plans to implement a government ban on U.S. electronics imports or merely wants Turks to refrain from buying them.
