(FILES) Visitors watch a wafer shown on screens at the Taiwan Semiconductor Manufacturing Company (TSMC) Renovation Museum at the Hsinchu Science Park in Hsinchu on July 5, 2023. Taiwan's economy soared in 2025 on skyrocketing exports of AI hardware and semiconductors, but companies in more traditional manufacturing sectors could only look on with envy as they were clobbered by US tariffs and a strong local currency. (Photo by Sam Yeh / AFP via Getty Images)