[patmcc]

I think the risk here is Taiwan being invaded by China, in which case having some US-based production helps a lot.

[amelius]

But do you think Taiwan will let the US get away with not helping them?

[jeremyjh]

It would mean TSMC would basically become a US company, right?

[nine_k]

I suppose they have a US branch / subsidiary anyway?

[jeremyjh]

Yes, every company that operates in the US and many that only import have US subsidiaries. This is true of all companies pretty much everywhere in the world. The government must have an entity it can tax, and a throat it can choke, but the subsidiary is answering to a parent and that is I think what would change if TSMC could no longer operate in Taiwan or was taken over by the party.