Chips

The push to bring home computer chip business is in full swing. Taiwan based TSMC the worlds largest chip maker will triple its investment in the US to $40 billion and bring cutting edge 3 nanometer chip production to the US. Samsung will build a $17 billion chip plant in Texas. Samsung is leading in the race to produce a 2 nanometer chip. These are the top end chips used in the most sophisticated equipment. All chip makers rely on a machine made only by a Dutch company ASML and 80% of their sales go to TSMC, Samsung and US company Intel which is currently building a $20 billion facility in Ohio. The smaller the chip the more expensive it is to manufacture. The US makes only 12% of the worlds chips but that is changing rapidly. Low end chips are used in home appliances. Next level the chips are used in autos then smart phones but the high end chips are for AI.