This week, U.S. Treasury Secretary Scott Bessent warned about the over-reliance of global high-tech industry on Taiwan, calling the nation ‘world’s biggest single point of failure’ as the lion’s share of the most advanced processors are made in Taiwan, he told data-analytics-id=”inline-link” href=”https://www.foxbusiness.com/video/6380040828112″ data-url=”https://www.foxbusiness.com/video/6380040828112″ target=”_blank” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>Fox Business (via data-analytics-id=”inline-link” href=”https://x.com/semivision_tw/status/1971074399693582447″ data-url=”https://x.com/semivision_tw/status/1971074399693582447″ target=”_blank” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>SemiVision). He urged urgent action to distribute chip production across multiple friendly regions to avoid a catastrophic collapse if disruptions occur. However, in his rhetoric Bessent seems to forget about Intel.
The single…
