When China invades their renegade province Taiwan, all those ‘rising tide’ foundries will only be serving Asian countries. That makes Micron the better investment.
[sigh]
I remember the Cold War, when the American press used to tell everyone that the Soviets were that suicidal. Sure terrified a bunch of folks.
I was never a believer.
And I was right.
RE: Taiwan
I don’t believe the Chinese — for all their rhetoical idealism — are really that stupid.
They’re more like the eGOP: they make lots of noise about their position on things, but stop short of the implementation phase.
Yes, having Biden The Brain Cell in the White House surely tempts them, but then there’s the other 330,000,000 of us to deal with, AND a mammoth loss of status internationally.
I don’t see a win for Beijing.
I don’t think they see one, either.