TSMC Japan plan for advanced chips seen as hedge against pressure from US, China

Taiwan Semiconductor Manufacturing Company’s plan for advanced chip production at a Japanese plant will help it hedge against US tariff threats and the possibility of a Beijing blockade around Taiwan, analysts said, while providing Japanese giants such as Sony and Toyota with local access to advanced chips for artificial intelligence applications. C C Wei, president and CEO of the world’s top chip foundry, known as TSMC and based in Taiwan, said on Thursday after meeting Japanese Prime Minister...