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Didn't TSMC say that its new US factory would be 30% more expensive. US labor being the problem.
by FrustratedMonky 3y ago
Didn't TSMC say that its new US factory would be 30% more expensive. US labor being the problem.
- bsder 3y agoA mere 30% more so that job is here instead of China is a bargain--especially for something that has loads of national security implications.
- FrustratedMonky 3y agoNo doubt. I should say, 30% non-judgmentally. It is worth it for other reasons.
- UncleOxidant 3y agoYep, this is why re-shoring manufacturing to the US is (and will be) inflationary. For about 30 years we were exporting inflation to places like China.