Baillie Gifford’s McPadden Backs TSMC, SK Hynix Over China Chips
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Baillie Gifford & Co.’s Paulina McPadden said companies like Taiwan Semiconductor Manufacturing Co. and SK Hynix Inc. hold near-monopoly positions in advanced chip manufacturing that China will struggle to match. This comes as Beijing mobilizes its stock and bond market to fund its AI ambitions.
Taiwan Semiconductor Manufacturing Co.SK HynixBaillie Gifford
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Baillie Gifford & Co.’s Paulina McPadden said companies like Taiwan Semiconductor Manufacturing Co. and SK Hynix Inc. hold near-monopoly positions in advanced chip manufacturing that China will struggle to match, even as Beijing mobilizes its stock and bond market to fund its AI ambitions.”
Bloomberg — Baillie Gifford’s McPadden Backs TSMC, SK Hynix Over China Chips