Taiwan Semiconductor Manufacturing Co.’s founder Morris Chang said the the company will soon face its “most severe” challenges in driving growth at a time that the US is controlling the flows of cutting-edge chips to China. “TSMC is now truly a turf all major powers want to secure,” Chang said at a company event in Hsinchu on Saturday, amplifying a concept he first raised in 2019. “Free trade of semiconductors, particularly the most advanced semiconductors, has died. In such an environment, our ...