00:00U.S. Treasury Secretary Scott Besant says Taiwan's dominance in chip manufacturing
00:05poses a national security risk to the United States.
00:09In his interview with Fox News, Besant said the U.S. needs to safeguard its economy
00:13and that semiconductors are a strategic necessity.
00:16He also said TSMC's dominance leaves the U.S. overly exposed and that it needs to begin de-risking.
00:23His comments came in response to questions about the U.S. government
00:26potentially taking stakes in other chip manufacturers like Intel,
00:30while clarifying that Washington has no intention of taking a stake in NVIDIA.
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