Hacker News new | ask | show | jobs
by oreally 1290 days ago
> If foreign citizens own the majority of a private US company and its voting shares, they have control over that company.

And I highly doubt Taiwan's government would allow any move that threatens their one of their economic golden gooses. Then as mentioned in the video, you literally do not get to control employees through a vote of shares - they'll quit and work at another competitor. You might think people will always stick to the principles of democracy and rules of law, but as the US itself has proven itself time and time again, they'll put on tariffs if push comes to shove, screw democracy.

Hell, the incentives don't even line up for shareholders to fulfill America's dreams and wishes. Trying to equate voting shares to a company being 'American' without addressing the social, political realities is wishful American centrism.

1 comments

TSMC is literally building out multiple fabs in Arizona to placate America's wishes, including a 4nm and 3nm process, which is more advanced than any they currently have.

> Hell, the incentives don't even line up for shareholders to fulfill America's dreams and wishes. Trying to equate voting shares to a company being 'American' without addressing the social, political realities is wishful American centrism.

This is literally what's happening. It's not a dream or wish, it's a desire, and one that TSMC has decided to fulfill. You continue to say "they won't" but they have already decided to do exactly what the US wants.