Taiwan's Chip Industry: A Controversial Gift to the U.S.

China accused Taiwan of trying to hand over the semiconductor industry, specifically Taiwan Semiconductor Manufacturing Co, to the United States as a 'souvenir'. There are reports of discussions between the company and Intel, indicating possible stake or collaboration intentions in the contract chip manufacturing sector.

In a bold statement, China accused Taiwan on Wednesday of attempting to hand over its semiconductor industry to the United States, likening it to a 'souvenir'.

Reports from U.S. media suggest that Taiwan Semiconductor Manufacturing Co, recognized as the world's largest contract chipmaker, has been in discussions for a stake in tech giant Intel.

This development, involving a key supplier to well-established companies like Apple and Nvidia, underscores Taiwan's pivotal role in the semiconductor ecosystem and sparks geopolitical considerations.

(With inputs from agencies.)