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Taiwan Tensions Spark New Round of US War-Gaming on Risk to TSMC

US contingency planning shows President Joe Biden has an acute dilemma over Taiwan’s world-beating chipmakers.

Bloomberg business news
China Says Biden’s New Chip Curbs Will Harm Recovery
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President Joe Biden has been explicit in vowing to commit US forces in the event of a Chinese attack on Taiwan. The question occupying US and Taiwanese officials is the fate of the island’s flagship semiconductor industry. 

Contingency planning for a potential assault on Taiwan has been stepped up after Russia’s invasion of Ukraine, according to people familiar with the Biden administration’s deliberations. The scenarios attach heightened strategic significance to the island’s cutting-edge chip industry, led by Taiwan Semiconductor Manufacturing Co. In the worst case, they say, the US would consider evacuating Taiwan’s highly skilled chip engineers.