30. TSMC: The Heart of Global Chip Production

According to the essay, what is TSMC's primary business?
1. Selling smartphones and computers directly to consumers.
2. Designing and selling its own brand of computer chips.
3. Manufacturing chips for other companies that design them.
4. Investing in software companies like Apple and NVIDIA.
Why does the author state that TSMC changed the industry?
1. It was the first company to design a 3-nanometer chip.
2. It pioneered the successful pure-play foundry business model.
3. It was the first semiconductor company located in Taiwan.
4. It started building factories in the United States.
The essay explains that TSMC's chips are measured in nanometers (nm). What does this measurement most likely indicate?
1. The cost of producing each chip.
2. The physical size and efficiency of the chip.
3. The speed at which the chip can process data.
4. The number of companies that order the chip.
Based on the passage, why is TSMC called the "heart of global technology"?
1. Because it was founded by the influential Morris Chang.
2. Because many industries depend on the chips it manufactures.
3. Because it is the oldest semiconductor company in the world.
4. Because it sells its products to every country in the world.
The essay states that TSMC's operations have had a significant impact on which of the following?
1. The economic growth and global standing of Taiwan.
2. The consumer retail market for electronic devices.
3. The software design industry in the United States.
4. The automotive industry's shift to gasoline engines.