The U.S. government is urging TSMC to make military chips in the U.S. mainland, people familiar with the matter said. TSMC’s chips are used in U.S. F-35 fighter jets, the report said. According to the data, the F-35 fighter (nicknamed Lightning II, translation: “Lightning II”) is a single-seater single-shot fighter/joint attack aircraft of the United States, belonging to the fifth generation fighter.
TSMC has previously hired Peter Cleveland, who previously lobbied for Intel, to strengthen communications with the United States.
Mr. Cleveland, who has lobbied Intel for more than a decade, this month updated his personal profileLinkedIn at LinkedIn to reflect his new role, which includes representing TSMC on policy, legislative and regulatory matters, and is the vice president.
Founded in 1987, TSMC is the world’s largest fab of wafer founditors, with customers including Apple, Qualcomm, Huawei and others. It is headquartered in the Hsinchu Science and Industry Park in Hsinchu, Taiwan. TSMC’s shares are listed on the Taiwan Stock Exchange under the symbol 2330, and American Depositary Receipts are listed on the New York Stock Exchange, with the stock code tsitpassed tsM.
At the close of trading on Wednesday, TSMC (NYSE: TSM) fell 3.2 percent to $58.39, giving it a market capitalization of about $302.815 billion.