TSMC founder Zhang Zhongmou believes U.S. chip production will be ‘futile’

Over the past few months, we have published several stories about the efforts of U.S. companies to increase domestic semiconductor manufacturing capabilities. Intel, in particular, is spending billions to expand its manufacturing capabilities in the U.S. and Europe. It is one of several U.S. companies that are pushing to ratify CHIPS for America. Intel CEO Pat Gelsinger sees the bill as critical to protecting the future of the U.S. semiconductor industry.

Recent comments by TSMC founder and former CEO Zhang Zhongmou have put the spotlight on the many problems the U.S. faces in rebuilding its domestic chip manufacturing industry.