Subject: Re: WEB's Taiwan Semi Sale
I find Morris a little prone to hyperbole and overly defensive about TSMC. Supposedly he was trying to push around Pelosi on visit there as well. There are certain cultural advantages to producing chips in Taiwan- you can get away with pushing workers more than you can in the US- but I highly doubt that leads to a 50% better cost basis. Anyway, it should also be noted TSMC will get money via the CHIPS Act. There is a great book called Chip War by Chris Miller that explains the complexities of the chip industry in a very laymen way and goes into great detail about the strategic importance of the industry as to how it relates to national security. If you're looking for a great read I highly recommend it.......

https://www.amazon.com/Chip-Wa...