I agree that this isn't an indefinite problem, but the current state of affairs is that TSMC is irreplaceable on the world's fabrication scene. The military de

I agree that this isn't an indefinite problem, but the current state of affairs is that TSMC is irreplaceable on the world's fabrication scene. The military definitely has some need for cutting edge process nodes, though I can't say how much. This is intentionally vague, but it seems safe to say there are a number of high end missile guidance systems, a variety of AI implementations, and drone systems that likely all have some dependence on high end chips. Not to mention the economic reliance on TSMC, Apple alone is ~7% of the S&P500. I think if we fast forward 5-10 years, Taiwan will not be this much of an absolute, but it will take years for these new fabs to come online. Until there are viable alternatives, Taiwan is a massive risk.