> U.S. officials have also said that there is substantial risk to the U.S. economy if China invades Taiwan and reduces access to TSMC chips.
> “We’re going to bring it all over so we become self-sufficient in the capacity of building semiconductors,” Commerce secretary Lutnick said.
So they really were not joking when they said that they were just going to relocate TSMC to Arizona. Crazy how effective government can be when it has an existential strategic purpose.
Is the EU even remotely capable of such a thing given all the grumbling about dependence on American and Chinese tech?
TacticalCoder•3w ago
> So they really were not joking when they said that they were just going to relocate TSMC to Arizona.
Definitely not joking. So much not joking that TSMC already has fabs in both the US and Japan.
> Is the EU even remotely capable of such a thing given all the grumbling about dependence on American and Chinese tech?
No. Only european company in the top 30 is ASML (the Netherlands).
Europe's biggest industry and exports were german cars but somehow the EU managed to kill its german car industry by handing the market over to China. They did it by: a) rising energy prices like crazy (by shutting down nuclear in Germany and becoming reliant on... Russia: didn't turn out well), so that chinese car manufacturers can build cars with much cheaper energy (I've read 1/6th the price) and b) mandating a crazy shift to 100% EV by 2035 in 2023 or so (they backpedalled a few months ago after realized this destroyed the german economy but the damage is done), leaving no time to german (and to a lesser extent french) car manufacturers to adapt to EV tech.
EU leaders are actively trying to turn the EU into the third world.
birdcircle•3w ago
> “We’re going to bring it all over so we become self-sufficient in the capacity of building semiconductors,” Commerce secretary Lutnick said.
So they really were not joking when they said that they were just going to relocate TSMC to Arizona. Crazy how effective government can be when it has an existential strategic purpose.
Is the EU even remotely capable of such a thing given all the grumbling about dependence on American and Chinese tech?
TacticalCoder•3w ago
Definitely not joking. So much not joking that TSMC already has fabs in both the US and Japan.
> Is the EU even remotely capable of such a thing given all the grumbling about dependence on American and Chinese tech?
No. Only european company in the top 30 is ASML (the Netherlands).
Europe's biggest industry and exports were german cars but somehow the EU managed to kill its german car industry by handing the market over to China. They did it by: a) rising energy prices like crazy (by shutting down nuclear in Germany and becoming reliant on... Russia: didn't turn out well), so that chinese car manufacturers can build cars with much cheaper energy (I've read 1/6th the price) and b) mandating a crazy shift to 100% EV by 2035 in 2023 or so (they backpedalled a few months ago after realized this destroyed the german economy but the damage is done), leaving no time to german (and to a lesser extent french) car manufacturers to adapt to EV tech.
EU leaders are actively trying to turn the EU into the third world.