2min chapter

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Why Taiwan Has a Lock on the World’s Chip Market

Foreign Policy Live

CHAPTER

Introduction

Taiwan's semiconductor manufacturing company or TSMC controls about 90% of the market for advanced chips. What is TSMC's secret sauce? Why is the semiconductor market unique? And why are they so crucial to the world economy and to geopolitics? I spoke with Chris Miller, an associate professor of international history at Tufts University's Fletcher School.

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