00:00The author of best-selling book Chip War says China is making its biggest push yet to develop
00:05its own chips, something the U.S. sees as a threat to national security.
00:10Speaking in Taipei, Chris Miller says the geopolitical battle over the critical semiconductor
00:15industry will only grow.
00:17Without giving an exact time frame for when China might catch up to U.S. dominance in
00:22the technology, he says Beijing's progress should be taken seriously.
00:27Miller also says Taiwan remains the unmatched leader in advanced chip manufacturing, a position
00:32strengthened by TSMC's recent investments in the U.S.
00:36TSMC managed to put itself in a position of partnership with the new administration.
00:45President Trump was very supportive of TSMC in his remarks, praised the company, praised
00:53its technology, praised its centrality to U.S. AI supply chains.
00:58I think all those are wins for TSMC, I think they're wins for the U.S.-Taiwan relationship
01:04as well.
01:05I don't think the TSMC announcement solves every issue, but I think it does put the relationship
01:09on a much stronger foot than it might have been.
01:13Miller warns that Trump will likely still target Taiwan on other issues, like its trade
01:18imbalance with the U.S. and its level of defense spending, which Washington sees as too low.
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