Taiwan chip giant head warns war would devastate global supply

Taipei: The head of Taiwanese tech giant TSMC warned an invasion of the island would render his factory “not operable” as tensions rise ahead of a potential visit by US House Speaker Nancy Pelosi.

On Monday, Pelosi kicked off an Asia tour that has been shrouded in secrecy, with much speculation but no confirmation on whether she will stop in Taiwan.

Beijing, which considers self-ruled Taiwan its territory — to be seized one day, by force if necessary — said it would regard a Pelosi visit as a major provocation.