Semiconductors Summary

Taiwan has invoked its National Security Law to protect trade secrets of TSMC, following an executive's departure to Intel, which the government deems a potential national security risk. Meanwhile, the former CEO of Nexperia revealed that Dutch officials were aware of efforts by the company's Chinese owner to transfer technology to China, raising concerns over technology transfers amidst geopolitical tensions.

In a related development, President Trump's decision to allow Nvidia to sell advanced AI chips to China has sparked debate regarding the implications for American security interests, as the market and Beijing appear largely indifferent to the move.

Lastly, Intel has recently cut dozens of jobs in the Bay Area, as layoffs took effect on November 30, impacting employees across three locations, indicating ongoing challenges within the semiconductor industry.