Eric Schmidt Urges US to Lean on TSMC, Samsung for Chip Security

The US should do more to attract overseas chipmakers to build plants on its territory as a matter of national security, former Google chief Eric Schmidt wrote in an opinion piece published Monday.

Pointing to China’s accelerating investment in chip fabrication technology and capacity, Schmidt urged the US to reduce its dependence on Taiwan and South Korea for the most advanced semiconductors powering everything from smartphones to ballistic missiles and build out its own capabilities. Instead, it should be incentivizing national champions Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to partner with US chip designers and build more on US soil, he said.