Taiwan chip companies can turn off manufacturing if Chinese troops show up

News Snapshot:

Considering Taiwan accounts for 68% of the semiconductor market, it's no wonder that the US wants to bring manufacturing closer to home and out of the prying eyes of China. So while the CHIPS act provides funding and investment to construct semiconductor manufacturing plants on US soil, it is probably a good idea to have a backup solution to prevent China from hijacking the production lines should they decide to invade Taiwan. To mitigate this, both Dutch company ASML and the Taiwan Semiconductor Manufacturing Company (TSMC) have reportedly installed fail safes that can be activated remotely to cease chip production,...