[tuyguntn]

at high grow stage new competitor can offer at least 2x salary and 10x stocks (also convince them that stock will grow more). for that reason they get billions of investing which they can truly spend for anything. how can you compete with such offers?

Think about millionaires who joined Snap, Uber, Lyft, Pinterest at the right time like this

[valuearb]

How can you build a competitive semiconductor manufacturer if you are forced to pay 2x salaries?

Sounds like a gaudy central planning project doomed to fall apart as soon as it hits market realities.

[coreblocks]

But there is real demand for cutting edge semiconductors in China... Do you think people will be satisfied with 14nm SMIC chips forever? Paying $140K salary is peanuts compared to what experienced software engineers at Facebook/Google get, their junior positions pays that much. Or hell $400K salaries at some financial firms.

Their semiconductor industry will not be solely made up of TSMC engineers, the vast majority are going to be Chinese juniors who will learn from them and eventually replace them.

[Aperocky]

The market reality is that the source of the chips can vanish at any time due to political reason, that's not a market problem anymore, it's now a political problem.