US Purchases of Chipmaking Machines Soar to Record High

US Purchases of Chipmaking Machines Soar to Record High
Semiconductor chips on a printed circuit board on Feb. 17, 2023. Florence Lo/Illustration/Reuters
Bryan Jung
Updated:
0:00

U.S. firms’ purchases of computer chip-making machines from Taiwan rose to a record high in March as the United States continues to rebuild its domestic semiconductor industry.

Taiwan Semiconductor Manufacturing Co. (TSMC) and several other major producers in Taiwan are vital players in the global supply chain of computer chips.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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