3 ms·
It's not for sale, you can't buy 5% of Taiwans GDP.
by stefan_ 6y ago
It's not for sale, you can't buy 5% of Taiwans GDP.
- Wowfunhappy 6y agoWow, 5%? Is it that much?
- srtjstjsj 6y agoA bit more. $40B of $560B
- throwaway4good 6y agoCheaper than TikTok ...
- trsohmers 6y agoNo, TSMC's revenue is $40B, it's market cap (the minimum cost if someone tried to buy it right now) is $389B.
- colinmhayes 6y agoYes it is, tsmc is a public company. Might take a year but apple could gain control.
- foepys 6y agoThat says nothing. Lockheed Martin is also a public company. Do you think the Chinese could just buy it? Same with Boeing.
- colinmhayes 6y agoYes I think that. If Chinese actors buy all the lockheed stock eventually they'll have control. Lockheed would probably be banned from the US like Huawei is at that point but China would control it.
- foepys 6y agoIf you hold more than 5% of a public traded company you have to announce it. That will be the latest when the US will invoke national security laws and either buy or just take it all back. Taiwan would do the same in the case of TSMC.