Since 2018, the U.S.-China technology war has gradually escalated, and the competition between the two countries in the field of technology has become a global focus. Starting from trade friction, this tech war has gradually shifted to an all-out confrontation centered on national security and technological leadership, covering key areas such as semiconductors, artificial intelligence, and 5G technology. Although the U.S. has introduced a number of technology blocking measures against China, the confrontation between the two sides is still ongoing. In the current situation, the two sides are still in a state of confrontation, coupled with the uncertainty of the U.S. election, the future of science and technology policy will continue to create a "one world, two systems" situation.

The countdown to the 2024 U.S. presidential election has transformed semiconductors from a technology product to a key strategic asset amid geopolitical changes. TSMC is also once again recognized as one of the most important companies in the world.