I have to wonder if a TSMC-owned fab in Phoenix is still a different geopolitical risk factor than an Intel-owned one. It reduces the deterrence factor of the

I have to wonder if a TSMC-owned fab in Phoenix is still a different geopolitical risk factor than an Intel-owned one. It reduces the deterrence factor of the TSMC facilities on Taiwan: if they get damaged or sabotaged during an invasion, the entire industry doesn't get blown back to 2010. But now I'm imagining they'd have a board of directors having to meet overseas and claim their legitimacy to trading partners, almost like the "governments in exile" during wars.