TSMC is making the best of a bad geopolitical situation
&gt;<i>“Complete nonsense,” retorts Pierre Ferragu of New Street Research, a financial firm. tsmc has almost simultaneously launched a new fab in Taiwan, with four times the wafer capacity—and more advanced technology—than the two proposed Arizona foundries. Its bet on America is more of a long-term insurance policy than an immediate game-changer. It enables tsmc to start the tough job of recruiting a workforce and amassing suppliers in America, providing a baseline for expansion “if the Chinese are crazy enough to bomb Taiwan”. For the foreseeable future, though, most r&amp;d is likely to remain in Taiwan. So will at least four-fifths of tmsc’s capacity.</i><p>It is unfortunate the truth and decent analysts dont get enough press coverage because they dont fit the narrative of current trend.<p>-  The only way to understand the Press is to remember that they pander to their readers&#x27; prejudices.