The reality of losing TSMC is no joke either. I remember Covid times when many G20 leaders went to Taiwan begging for some chips so that they could keep exporting cars and other things that need computer chips.
I mean it's literally beholden to the USA congress and it's most meaningful parts are made in the USA. There is a reason why they fall in line with every USA export control and restriction.
If ASML is Europe's then I'd say all of Europe is the USA's.
Do you know what does belong to the west? ASML. What makes TSMC actually work.