Comment by InkCanon
Comment by InkCanon 2 days ago
I wonder how Taiwan feels about this. From their perspective jobs are getting offshored from their country because of massive subsidies, and the strategic shield of having most critical semiconductors coming from them is getting getting thinner. At the same time they can't complain because only the US could defend them from China.
I've always thought there's some geopolitical chess at here. The US can't abide being completely dependent on the island of Taiwan. So if TSMC wasn't willing to do this, the US might fund an alternative. This could leave Taiwan no leverage at all.
Now, with some US based production, TSMC is still in charge, and more resilient to disruption. So it may still be a very strong move.