Taiwan semiconductor, aka tsmc, is the Nexus and situs of the world’s most advanced chip fabrication technology. Not maybe. This is undeniable fact.
In the context of a potential Chinese takeover of Taiwan or invasion of Taiwan or whatever term one would like to use, tsmc is without question both the GDP-based and Technology based and (US, yes, the US) National Security based Crown Jewel. My understanding is that there are chips present in our most advanced weapon systems fabricated at tsmc, and nowhere else, and nowhere else at the moment can make them, because there is that much of an edge in the technology available and in use at that one specific location.
I myself do not have a particularly sanguine opinion of how the possible outcome of a Chinese takeover attempt of Taiwan would play out. Would it be a klutzy, bloody, destructive slugfest like Russia and ukraine? Would it be a lightning strike potentially over in days? Would It ultimately involve the US as part of the US longstanding commitment to defend taiwan? Or would it just be a high tension blockade of Taiwan? I am not smart enough to know, but I know that while tsmc may not be the spiritual or nationalistic or hegemonic crown jewel of a take over exercise, we can be 100% damn sure it is the economic amd nat’l security one. There isn’t the slightest bit of nuance about this. In short, I believe that if tsmc fell into the hands of the ccp, it would be more than one Quantum Leap Forward for the ccp’s military/technological prowess, and more than one Quantum Leap backwards for our ability to equip our military. And I would consider that a terrifying schism in the present day military balance of power between the CCP and the usa. That should be plenty of alarming. But now let’s couple that with the notion that perhaps 1/3 of our government is bought and paid for by the CCP, and the threat only grows in ominousness if that is a word.
I totally agree. I saw some of the foundations going in in northern Phoenix 18 months ago. I bought a tiny bit of their stock in 2019 and doubled my money.
I also had understood that the company had close ties to the mainland knowing that being swallowed was better than being masticated.