Part 5/16:
Furthermore, robust and resilient supply chains are vital. The semiconductor industry exemplifies this, with companies like TSMC playing a pivotal role. The recent investment to bring chip manufacturing capacity back to the US underscores the importance of redundancy and resilience—especially given how interdependent we are on global supply networks. Disrupting these networks would severely hinder technological progress, illustrating why fostering international cooperation and open trade is key.