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Taiwan's secret shield against Chinese invasion: its semiconductor industry
Taiwan’s Secret Shield Against Chinese Invasion: Its Semiconductor Industry | GZERO World
The Biden administration has recently doubled down on its efforts to delay China's push to dominate future areas of tech by squeezing the supply of semiconductors Beijing gets from Taiwan.
Why? Because those tiny chips are "the greatest defense we have against Taiwan being invaded," New York Times national security correspondent David Sanger tells Ian Bremmer on GZERO World.
For Sanger, it's about time the US made such a move. America, he points out, was becoming as dependent on Taiwanese-made semiconductors as Europe was on Russian oil and natural gas before Vladimir Putin decided to invade Ukraine.
Still, he believes Biden's move will only buy the US some time if America doesn't build its domestic capacity to make chips.
Ian Bremmer sits down with Ivan Krastev, Chairman of the Centre for Liberal Strategies and political scientist, to discuss Hungary's consequential upcoming election and what it means for the far right globally.
A new US regulatory framework sets clear rules for stablecoins, defining issuer responsibilities and laying the groundwork for consistent federal and state oversight. With guardrails in place, stablecoins are shifting from crypto experiment to payment infrastructure. Explore the stablecoin framework with Bank of America Institute.
See: “Raphael: Sublime Poetry at the Met.” The first Raphael retrospective ever mounted in the US is running through June 28 at the Met Museum.
Forty-eight countries have officially qualified for the World Cup, after Iraq booked the final spot with its win against Bolivia on Tuesday.