20.7 C
Kigali, RW
December 9, 2022
China / USA Tensions News

Pelosi’s Taiwan trip shows US and China aren’t ready to fight over ‘third rail’ of chips

The entire semiconductor industry seemed to be holding its breath as Nancy Pelosi’s plane made its final approach to Taipei this week. Some in the sector now appear to be exhaling.

The dramatic slate of responses from China to the House Speaker’s visit has notably sidestepped the chip issue — signaling that both the U.S. and China hope to keep Taiwan’s valuable semiconductor factories humming no matter what else happens in the coming weeks and months.

“I think both the U.S. and China are…

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