Leaders of some of the world’s largest economies want TSMC to diversify its production locations. The only problem: They all think the Taiwanese semiconductor foundry should open shop in their own countries.

By Chris Miller
What’s at stake?
Leaders of some of the world’s largest economies want TSMC to diversify its production locations. The only problem: They all think the Taiwanese semiconductor foundry should open shop in their own countries. While TSMC’s position is unique — and uniquely uncomfortable — chip industry executives increasingly are finding that geopolitics has been added to the calculus of business decision-making.