Semiwiki on LinkedIn Semiwiki on Facebook Semiwiki on Twitter Register / Log in 
Array
(
    [content] => 
    [params] => Array
        (
            [0] => /forum/threads/scott-bessent-the-single-biggest-threat-to-the-world-economy-is-that-97-of-advanced-chips-are-made-in-taiwan.24398/
        )

    [addOns] => Array
        (
            [DL6/MLTP] => 13
            [Hampel/TimeZoneDebug] => 1000070
            [SV/ChangePostDate] => 2010200
            [SemiWiki/Newsletter] => 1000010
            [SemiWiki/WPMenu] => 1000010
            [SemiWiki/XPressExtend] => 1000010
            [ThemeHouse/XLink] => 1000970
            [ThemeHouse/XPress] => 1010570
            [XF] => 2030770
            [XFI] => 1060170
        )

    [wordpress] => /var/www/html
)

Scott Bessent: The single biggest threat to the world economy is that 97% of advanced chips are made in Taiwan

T

tonyget

Well-known member
US Treasury Secretary Scott Bessent identified Taiwan's overwhelming control of advanced semiconductor production as the gravest danger facing the global economy, warning Tuesday that any disruption would trigger catastrophic consequences.

"I would say that the single biggest threat to the world economy, the single biggest point of single failure, is that 97% of the high-end chips are made in Taiwan," Bessent told the World Economic Forum in Davos, Switzerland.

He described a potential blockade or destruction of the island's manufacturing capacity as an "economic apocalypse," emphasizing Washington's efforts to relocate semiconductor production to American soil.

www.aa.com.tr

Taiwan chip dominance 'biggest threat to world economy,' says US Treasury chief

Scott Bessent warns semiconductor concentration creates apocalyptic risk, announces plans for critical minerals alliance - Anadolu Ajansı
www.aa.com.tr www.aa.com.tr
 
We got Trump taking out country leadership and looking to take over another.

Seems Xi is within his rights to take over the rouge Island and have control over the world’s silicon to negotiate some terms
 
tonyget said:
US Treasury Secretary Scott Bessent identified Taiwan's overwhelming control of advanced semiconductor production as the gravest danger facing the global economy, warning Tuesday that any disruption would trigger catastrophic consequences.

"I would say that the single biggest threat to the world economy, the single biggest point of single failure, is that 97% of the high-end chips are made in Taiwan," Bessent told the World Economic Forum in Davos, Switzerland.

He described a potential blockade or destruction of the island's manufacturing capacity as an "economic apocalypse," emphasizing Washington's efforts to relocate semiconductor production to American soil.

www.aa.com.tr

Taiwan chip dominance 'biggest threat to world economy,' says US Treasury chief

Scott Bessent warns semiconductor concentration creates apocalyptic risk, announces plans for critical minerals alliance - Anadolu Ajansı
www.aa.com.tr www.aa.com.tr
Click to expand...
Weird. I thought the greatest threat to the world economy was conceited politicians shutting down global production because they thought it would stop the spread of a virus. It only took about five years for supply chains to recover to about 87% of pre Covid efficiency. But what do I know, I'm not a narcissistic blowhard.
 
You must log in or register to reply here.
Back
Top