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Taiwan is racing to set up specialized “chip schools” that run year-round to train its next generation of semiconductor engineers and cement its dominance of the crucial industry.

The plans, championed by President Tsai Ing-wen, come as chip companies plow billions of dollars into capacity expansion to make the “brains” that power everything from smartphones to fighter jets, amid a global shortage. Chip giant TSMC alone this year will spend up to $44 billion and hire more than 8,000 employees.

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