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It's about war. The US wants on shore chips facilities with trained US staff so that if we end up in a shooting war with China we won't lose our supply of chip
by hiddencost 3y ago
It's about war.
The US wants on shore chips facilities with trained US staff so that if we end up in a shooting war with China we won't lose our supply of chips.
That's the whole thing.
- Clubber 3y ago>It's about war. I mean yes, ultimately, but it's also about supply chain disruption that we just experienced with COVID. The US economy (and subsequently the Western economy) would probably get hit pretty hard with a chip cutoff and 5 years to onshore it. The economy is also about war; without a strong economy, we can't stockpile all our murder toys. It's also about leverage with China. With China on an aggressive footing and Taiwan so vulnerable, they have a leverage point we're now addressing. We got this way because we thought if we brought China into the modern economy they would democratize. I think we came to the conclusion that it's not working out that way so we're adjusting and divesting from China. COVID was a wake up call in regard to having a single country be the world's production of goods. It ups the bet when that single country is becoming more of an adversary than a competitive partner.