Core Viewpoint - The article discusses the challenges and contradictions faced by the U.S. semiconductor industry, particularly in relation to the CHIPS Act and the role of TSMC, highlighting the internal chaos and global competition that the U.S. is experiencing in its pursuit of technological sovereignty [3][4]. Group 1: CHIPS Act and TSMC's Role - The CHIPS Act, initiated during the Biden administration, is now facing criticism and funding cuts from the Trump administration, revealing the complexities of U.S. technology policy [3]. - TSMC, as the largest foundry globally, is seen as a strategic asset for the U.S., receiving significant financial support for its investments in Arizona, including $6.6 billion in subsidies and $25 billion in tax incentives [3]. - Despite the financial incentives, TSMC's most advanced manufacturing processes (2nm and 1.4nm) will remain in Taiwan, indicating a strategic choice rather than a technical limitation [3]. Group 2: Global Competition and Subsidy Race - The U.S. has inadvertently sparked a global subsidy race, with major tech hubs investing over $150 billion in semiconductor manufacturing and R&D, raising concerns about potential overcapacity and profit compression [4]. - The original intent of the CHIPS Act was to reduce reliance on Asian supply chains and curb China's advancements in critical technologies, but the execution has led to a misalignment with these goals [4]. Group 3: Current Semiconductor Landscape - A 2022 survey by the U.S. Department of Commerce revealed that the most severe chip shortages were in traditional chips (40nm and above), which are primarily produced in Asia, indicating a disconnect between the CHIPS Act's objectives and the actual market needs [4]. - The political divide in the U.S. regarding semiconductor policy has led to uncertainty about the future of the CHIPS Act, with potential delays or renegotiations of subsidies, causing semiconductor companies to adopt a wait-and-see approach [4]. Group 4: Future Directions - The establishment of the National Semiconductor Technology Center (NSTC) in New York marks a new phase for U.S. semiconductor policy, focusing on advanced research in 1.4nm and quantum chips [5]. - Success in regaining technological leadership will require not only financial investment but also clear strategy and international coordination to avoid misdirection and execution imbalances [5].

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 综合自网络 ，谢谢。 据海关统计，2025年前两个月，我国货物贸易（下同）进出口总值6.54万亿元人民币，同比（下 同）下降1.2%（与去年同期相比，今年前两个月少了2个工作日，剔除不可比因素影响，进出口增 长1.7%）。其中，出口3.88万亿元，增长3.4%；进口2.66万亿元，下降7.3%。按美元计价，前两 个月，我国进出口总值9093.7亿美元，下降2.4%。其中，出口5399.4亿美元，增长2.3%；进口 3694.3亿美元，下降8.4%。 其中，2025年前两个月，我国集成电路出口1804.4亿元，同比增长13.2%。 前两个月，进口机电产品1万亿元，增长3.2%。其中，集成电路834.6亿个，增加6.3%，价值 4022.8亿元，增长3.9%；汽车5.6万辆，减少45.8%，价值216亿元，下降49.7%。 据国联证券研报，中国半导体市场约占全球半导体市场的三成。 中国企业大规模投入传统芯片制造，正处于全球芯片产业即将迎来复苏的时点（28nm等成熟制 程）。 在过去，成熟制程节点芯片的生产主要由一些传统的大型半导体公司主导，如美国的英特尔、德州 ...