It's only a matter of time, SMIC will have all the funding it needs. They've hired former TSMC staff, and they have Huawei as a research hub, with its 30,000 pe

It's only a matter of time, SMIC will have all the funding it needs. They've hired former TSMC staff, and they have Huawei as a research hub, with its 30,000 person research campus. Huawei is also working on its own EUV machines and researching the next generation of chip-making technologies. China has some of the best technical universities in the world. Many of the names you see in the U.S. AI/ML space are Chinese — and a significant number have returned to China, seeking new opportunities. The world has changed. By 2035, China could be on par with TSMC, or even surpass it. Once, there were Nokias and Kodaks — and like them, TSMC will eventually face real competition. Nothing is eternal. TSMC doesn't possess secret knowledge that others can't obtain or special brains that others cannot match. China’s future security and competitive edge depend on becoming self-sufficient in advanced node production. They now have all the necessary ingredients, more than anyone before, to challenge and possibly overtake TSMC. It's only a matter of time.