5 ms·

Bet against the US if you like, but it's a losing bet. Onshoring will happen. In the US. In China. in the EU. And likely in Russia too. This has become a nati

Bet against the US if you like, but it's a losing bet. Onshoring will happen. In the US. In China. in the EU. And likely in Russia too. This has become a national security issue, and at least in the US, we are resolved to make it happen.

dragontamer 5y ago
Taiwan / TSMC are allies. The solution is rather simple: convince them to build a lab in Arizona. Lo and behold: TSMC is building a lab in Arizona. The debate is largely over. We're just dealing with the details / qualms right now. Culture clashes as Taiwanese business managers are learning that US workers have a different culture than they expected (and vice versa). Taiwan / TSMC doesn't like it, but they probably recognize it as necessary. We USA folk have to be reminded though that this technology belongs to another country, we're merely "hosting" them. ------- There's also some other knock on effects: Japan is asking TSMC to build a factory within Japan (after all, if USA gets a fab, shouldn't Japan deserve one?). TSMC likely doesn't want to spread itself too thinly around the world. This overall discussion isn't about one-or-two key / emergency factories being built around the world. That has already happened. The overall discussion is "how much" should TSMC spread itself around the world and build redundant supply chains?
- bilbo0s 5y ago
  This is not about fabs. This is about expertise. A TSMC fab in Arizona is nowhere close to being enough to satisfactorily address our security concerns with respect to critical infrastructure. We won't stop until we can stand up the entire supply chain using domestic intellectual capital. In fact, we aren't going to stop until that domestic intellectual capital not only exists, but is safely redundant. None of the other nations will stop at a domestic fab either btw. This issue is not going away, and I suspect the EU is as determined to stand up a domestic supply chain as we are. And don't even get me started on China. We can assume they are probably much further along than is generally known. Because they always are.
- tooltalk 5y ago
  They are not just "allies." The Taiwanese gov't had heavy handed intervention from its inception to what it is today. IMO, this has little to do with "culture" and more to do with the gov't protecting jobs and keeping their know-how and infrastructure in Taiwan.

dragontamer 5y ago

Taiwan / TSMC are allies. The solution is rather simple: convince them to build a lab in Arizona. Lo and behold: TSMC is building a lab in Arizona. The debate is largely over. We're just dealing with the details / qualms right now. Culture clashes as Taiwanese business managers are learning that US workers have a different culture than they expected (and vice versa). Taiwan / TSMC doesn't like it, but they probably recognize it as necessary. We USA folk have to be reminded though that this technology belongs to another country, we're merely "hosting" them. ------- There's also some other knock on effects: Japan is asking TSMC to build a factory within Japan (after all, if USA gets a fab, shouldn't Japan deserve one?). TSMC likely doesn't want to spread itself too thinly around the world. This overall discussion isn't about one-or-two key / emergency factories being built around the world. That has already happened. The overall discussion is "how much" should TSMC spread itself around the world and build redundant supply chains?

bilbo0s 5y ago
This is not about fabs. This is about expertise. A TSMC fab in Arizona is nowhere close to being enough to satisfactorily address our security concerns with respect to critical infrastructure. We won't stop until we can stand up the entire supply chain using domestic intellectual capital. In fact, we aren't going to stop until that domestic intellectual capital not only exists, but is safely redundant. None of the other nations will stop at a domestic fab either btw. This issue is not going away, and I suspect the EU is as determined to stand up a domestic supply chain as we are. And don't even get me started on China. We can assume they are probably much further along than is generally known. Because they always are.
tooltalk 5y ago
They are not just "allies." The Taiwanese gov't had heavy handed intervention from its inception to what it is today. IMO, this has little to do with "culture" and more to do with the gov't protecting jobs and keeping their know-how and infrastructure in Taiwan.