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Why would firms like TSMC be members of this lobbying group? https://www.chipsinamerica.org/about/ https://www.chipsinamerica.org/about/
by fmakunbound 5y ago
Why would firms like TSMC be members of this lobbying group? https://www.chipsinamerica.org/about/ https://www.chipsinamerica.org/about/
- Covzire 5y agoPossibly hedging their bets. If China invades and conquers Taiwan, presumably the heads of TSMC would be able to flee to America and keep a chunk of their investments.
- kube-system 5y agoTSMC is currently headquartered on land which is: * undergoing a drought and they're having to truck in water to sustain their operations. * claimed by a powerful country different than the one currently controlling it. Sounds like a lot of risk that they probably would otherwise not want.
- volkl48 5y agoTSMC is planning to spend $12bn in the next decade on the fab they're building in Arizona (which I believe has some level of US government subsidy). I am sure they would be quite happy to get further government $$$ for their operations. (TSMC also owns WaferTech and their US fab in Washington state).
- SXX 5y agoTMSC would be the one of companies building / operating fabs. You can argue it's against Taiwan interests, but again they gonna have more leverage if they own US fabs.