CLSA's Chen on Taiwan Chip Sector

The video discusses the ongoing chip war and its implications for Taiwan, highlighting the strong demand for semiconductors despite current challenges in consumer electronics. Taiwan's government is offering tax breaks to attract investments, especially in critical supply chain positions. The US Chips Act aims to bring semiconductor manufacturing back to the US, impacting Taiwan's TSMC. Additionally, Tesla's software issues have led to a recall in China. The video also explores Taiwan's strategic position amid US-China tensions, with limited alternative sources for advanced chips outside of TSMC.

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