Tensions between the US and China will slow down the chip industry – TSMC founder

Rising tensions between the US and China over technology will slow down the development of the semiconductor industry in the world. This opinion was expressed by the founder of the Taiwanese company TSMC Morris Zhang, writes Reuters.

He believes that the separation of the Chinese chip industry from the rest of the world will affect other players outside of China.

“I think that decoupling will ultimately slow down everybody. Of course, the immediate purpose is to slow China down, and I think it’s doing that,” he said at an event in New York.

Morris Zhang also noted that the consequences of this separation are already becoming apparent. In addition, he expressed concern about the relationship between the two countries.

“It looks like counties are mad at each other, that worries me,” he said. “Our only hope is it doesn’t lead to anything even more serious.”

This week it became known that new US restrictions on the export of advanced chips used in the field of artificial intelligence to China came into effect earlier than planned. This was announced by the American manufacturer NVIDIA.

The restrictions prohibit the supply of NVIDIA A800 and H800 chips, which were designed for the Chinese market to comply with previous export rules.