TSMC revenues slide for the first time in four years

TSMC has posted mixed results for calendar Q1, representing a fall in revenue when reported in US dollars, although some analysts say the company exceeded lowered expectations in the current economic climate. The world's largest semiconductor contract manufacturer, reported turnover of $16.72 billion, down 4.8 percent year-on- …

[Zolko]

insurance against invasion

The WSJ quotes TSMC chairman Mark Liu as saying that some of the conditions are unacceptable, and may deter chipmakers from taking part in US efforts to bolster its domestic semiconductor manufacturing capacity

to be honest, I don't understand why TSMC would build fabs in the US at all. Or anywhere outside Taiwan actually.

[DS999]

Re: insurance against invasion

Maybe they want to survive as a company in case the worst happens and China invades? Their customers certainly would feel less risk trusting them if they are more diversified as to location.

[pimppetgaeghsr]

Re: insurance against invasion

Because the US will not want to go toe to toe with China if they invade. Even if they win it will be economic armageddon which may see them fall off the #1 spot like the UK in the early 20th century and first world war.