tsmc's ex-chairman liu pivots to us tech policy at uc berkeley
berkeley, Friday, 21 February 2025.
mark liu, tsmc’s former chairman, launched a tech policy center at uc berkeley. the center will address us technology challenges and provide policy guidance. liu aims to bridge the gap between innovation and domestic manufacturing. the initiative seeks to bolster us competitiveness in the semiconductor industry. liu’s move highlights tsmc’s lasting impact and commitment to fostering innovation in the us tech landscape. he chose this path over a potential leadership role at intel, signaling a focus on broader societal impact post-tsmc.
center’s objectives and market impact
The Technology Competitiveness and Industrial Policy Centre (TCIP) at UC Berkeley, founded by Mark Liu, aims to offer independent advice on technology policy [1]. This guidance is intended to help US policymakers maintain leadership in both research and manufacturing [1]. The center will gather leaders from academia, industry, and non-profit sectors to direct its efforts [1]. Liu’s vision involves a national strategy that integrates the entire pipeline from research to high-tech product development and manufacturing, addressing gaps caused by globalization [1]. This initiative could influence policies affecting TSMC’s operations and market position in the US.
tsmc’s stock performance
TSMC’s stock (2330) experienced a rise, with its price reaching 1095 [9]. The stock demonstrated an increase of 15, representing a 1.37 1.39%涨幅 [9]. This positive movement reflects investor confidence in TSMC’s market position and future prospects [9]. The trading volume for TSMC reached 28,910 [9]. These metrics suggest strong market activity and investor interest in TSMC, potentially influenced by developments such as Liu’s policy center and its implications for the semiconductor industry.
geopolitical and manufacturing considerations
Amidst growing geopolitical tensions, President Lai Ching-te has called for a ‘non-red supply chain,’ highlighting the strategic importance of semiconductor manufacturing [6]. This call aligns with efforts to enhance US technological competitiveness and reduce reliance on specific regions. TSMC’s role in this evolving landscape is crucial, as it navigates the balance between global manufacturing and geopolitical risks. The company may need to accelerate the production of 2-nanometer chips earlier than the initially planned 2028 [8]. Such acceleration could further solidify its market leadership.
potential challenges and opportunities
The semiconductor industry might face further setbacks beyond potential tariffs [5]. Analyst Robert Maire suggests these challenges could impact the sector’s growth and profitability [5]. Despite these concerns, TSMC is expanding its presence in Central Europe, forming strategic partnerships with Germany, the Czech Republic, and Poland [7]. These partnerships could provide new opportunities for TSMC to diversify its manufacturing base and mitigate geopolitical risks. These efforts are supported by the Ministry of Economic Affairs (MOEA) [7].