Credit…Illustration by The New York Times; images by CSA Images/Getty Images In President Biden’s vision for the U.S. economy, technological supremacy goes arm in arm with high-paying jobs for American workers. But what happens when those two objectives don’t line up perfectly? What has to give?
This question is playing out right now in Arizona, where Taiwan Semiconductor Manufacturing Company is struggling to ramp up manufacturing capacity. It has pushed back the planned start of production by a year to 2025. Mark Liu, the chairman of TSMC, told securities analysts in July that one key problem is that “there is […]
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