US Buys Record Amount of Chipmaking Gear From Taiwan

US purchases of machines to make computer chips from Taiwan rose to a record in March, as the Biden administration works to reinvigorate the domestic semiconductor industry.

Taiwan, a global hub for silicon fabrication advances, saw its chipmaking machine exports to the US rise 42.6% in March from a year earlier, reaching a new high of $71.3 million, according to data from its Ministry of Finance. Exports to China, on the other hand, plummeted 33.7%, marking the ninth straight month of decline.

Home to Taiwan Semiconductor Manufacturing Co. and several other major players in the chip sector, Taiwan plays a ...