> 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?