Semiconductors – US Commerce Department presses Taiwan to prioritize US automakers

US Commerce Secretary, Gina Raimondo, is pressing Taiwan to prioritize supplying chips to the US auto industry. „We’re working hard to see if we can get the Taiwanese and TSMC, which is a big company there, to, you know, prioritize the needs of our auto companies since there’s so many American jobs on the line,“ Raimondo said on Tuesday, according to Reuters. TSMC is the world’s leading maker of semiconductors for the auto industry.