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TSMC invests $40bn in US plant

TSMC is the world’s largest maker of micro chips for other companies, with clients including Apple. In August, President Biden signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears that the US was losing its technological edge to China. The investments include tax breaks for companies that build computer chip manufacturing plants in the US. Computer chip giant TSMC says it will more than triple its investment in a giant US plant to $40bn, what is your take on the new investment ?

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