U.S. wants to be self-sufficient when it comes to purchasing chips
Jiangxi Hantang System Integration Co. was going to equip the new TSMC Arizona factory with a clean room. But the company is in the middle of a major management shakeup led by its largest stockholders. What kicked off this instability was the death of Hantang’s founder in 2015 which resulted in the widow receiving the majority of the company’s stock.
U.S. tech firms do not want to rely on other countries to purchase chips
If the U.S. can get a better grip on supplying its own firms with semiconductors without having to rely on suppliers in China or in other overseas markets, it would be a feather in the cap not only for U.S. tech firms that need to purchase these components, but without having to resort to purchasing these parts from other countries. As former president Trump said in May 2020, “We shouldn’t have supply chains. We should have them all in the U.S.”