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by relaxing 327 days ago
We’ve already seen what TSMC’s promises of investment are actually worth, in Wisconsin.

Hedge your bets on these…

1 comments

For every failed attempt like Wisconsin, you have equally successful industrial policies like Arizona and Texas in semiconductors. They are also Republican states like WI, but had better managed industrial policy teams.

A lot of the investments listed by OP were also thanks to CHIPS and IRA, but the tariffs have acted as the stick to force the Capex realized from CHIPS and IRA remains in the US.

Even China has been leveraging a similar strategy to force it's own manufacturers like BYD and CATL or foreign manufacturers like Foxconn to keep bleeding edge manufacturing within China by using a mix of export controls and revoking passports of Chinese nationals abroad.

> TSMC’s

That was Foxconn, not TSMC.

Also, Foxconn is an assembler, not a high value manufacturer.