Reported 12 months ago
Chris Miller, author of 'Chip War', warned that if a war breaks out in the Taiwan Strait or China blockades Taiwan, the global economy could lose trillions of dollars within two quarters. Miller believes that China could disrupt the chip supply chain without actually bombing Taiwan, causing chip production to halt. He also predicts that TSMC would immediately shut down its production lines in the event of conflict, as Taiwan heavily relies on imported energy sources for chip manufacturing. Miller emphasizes the vulnerability of the chip supply chain and the potential economic impact if the Taiwan Strait conflict escalates, urging awareness of geopolitical risks in the region.
Source: YAHOO