US Is Buying Chipmaking Machines From Taiwan More Than Ever
- Washington has made advanced manufacturing a national priority
- Biden administration seeks to improve domestic chipmaking
US purchases of machines to make computer chips from Taiwan rose to a record in March, as the Biden administration works to reinvigorate the domestic semiconductor industry.
Taiwan, a global hub for silicon fabrication advances, saw its chipmaking machine exports to the US rise 42.6% in March from a year earlier, reaching a new high of $71.3 million, according to data from its Ministry of Finance. Exports to China, on the other hand, plummeted 33.7%, marking the ninth straight month of decline.
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US Is Buying Chipmaking Machines From Taiwan More Than Ever