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Yes. I think it already is, but with several of TSM's key suppliers from Taiwan adding operations in Phoenix, the high tech ecosystem there will only increase. ASU is already strong and growing in this space.
I have a question for you Daniel; isn't much of China's semiconductor "consumption" assembled into products which are then exported (like iPhones)? If so, won't this consumption percentage drop if these products start being assembled in other countries (like India or Vietnam)? I understand...
