Trump: The U.S. will soon capture half of the global chip market

The United States could soon capture nearly half of the global semiconductor market. This forecast was shared by U.S. President Donald Trump during an address to voters in North Carolina.

Donald Trump announced the U.S. intention to significantly increase its share of the global microchip market. According to the American president, this figure will soon approach 50%.

Previously, U.S. Secretary of Commerce Howard Lutnick proposed moving the production of half the chips slated for export from Taiwan to the United States onto American soil.

However, authorities on the island have opposed this initiative. Taiwan’s Vice Premier Cheng Li-chun stated that the Taiwanese side would not agree to the proposed terms.

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Source of information: News Agency e.g., REUTERS / TASS / AFP / ANADOLU