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TSM is the Winner the US should invest in

Arthur Hanson

Well-known member
ARM is a key part of the foundation of the tech revolution with TSM partnering with Nvidia, AMD, Qualcomm, and others literally crushing Intel. Why our government wants to invest in Intel expanding into Arizona is beyond me, when they could put the same money into TSM building fabs in Arizona and bring a very valuable skillset and ecosystem to the US. The US is already in deep debt and should put its money on proven winners. The skill sets that TSM could bring to the US are crown jewels that could help the US in the economic and technical resurgence we desperately need as our economic position weakens under a mountain of debt, covid combined with social and political problems. Advancing the countries economic and knowledge base is our best hope for a brighter future. I don't feel the ARM Nvidia merger will go through, but the US still can win.
 
That's the third thread with the same topic that you created. What was wrong with the previous two? US government does not invest in any companies. It invests in US and TSM does not qualify in this sort of investments.
 
That's the third thread with the same topic that you created. What was wrong with the previous two? US government does not invest in any companies. It invests in US and TSM does not qualify in this sort of investments.
I think Arthur is very worried about US government will waste billions of taxpayers' money on Intel.

IMO, US Federal agencies, such as DoD and DOE, are having similar thoughts as Arthur's. Intel will get some taxpayers' money as they always did before but not the amount Intel wished. Otherwise why TSMC, Samsung, or even Globalfundries are relatively quiet on this issue while Intel is doing all kinds of PR campaigns and interviews on Federal funding frequently? Intel probably feels as the only child they have been mistreated.

But this time it's the US federal agencies started hedging their risks away from too heavily relying on Intel.
 
For TSMC (China), Samsung (Korea) or Global Foundries (Saudi Arabia) to do active PR would be a bad PR. I am sure they do the lobbying but quietly. US taxpayers may not be very perceptive about giving their money to foreigners. Apparently Intel feels that they can do the PR. We'll see how this works out.
 
That's the third thread with the same topic that you created. What was wrong with the previous two? US government does not invest in any companies. It invests in US and TSM does not qualify in this sort of investments.
But is it really investment or merely spending ? Governments seem to specialise in the latter.
 
But is it really investment or merely spending ? Governments seem to specialise in the latter.
They do and it's OK. Otherwise they could invest in the stock market like the Chilean government does for funding their pension system (https://en.wikipedia.org/wiki/Pensions_in_Chile). I am not sure that similar system makes sense for US (and it has not performed as well as Chileans hoped). Having the benefit of having the reserve currency, US government can simply print money which they do (a lot), why bother investing?
 
They do and it's OK. Otherwise they could invest in the stock market like the Chilean government does for funding their pension system (https://en.wikipedia.org/wiki/Pensions_in_Chile). I am not sure that similar system makes sense for US (and it has not performed as well as Chileans hoped). Having the benefit of having the reserve currency, US government can simply print money which they do (a lot), why bother investing?
Given that one of the main direct effects of the money printing is inflation of asset values - which includes the stock market - perhaps they should be following Chile. More seriously, the money printing thing has been tried several times before and I don't think it ever ends well.
 
For TSMC (China), Samsung (Korea) or Global Foundries (Saudi Arabia) to do active PR would be a bad PR. I am sure they do the lobbying but quietly. US taxpayers may not be very perceptive about giving their money to foreigners. Apparently Intel feels that they can do the PR. We'll see how this works out.
To clarify it a little bit:

TSMC (Republic of China, ROC or Taiwan), a public traded company.
Samsung (Republic of Korea, ROK or South Korea), a public traded company.
Globalfoundries (Abu Dhabi), a public traded company but 89.4% is owned by Mubadala Investment Co., which is a Abu Dhabi's sovereign-wealth fund.

I don't know the amount of subsidies TSMC new Arizona fab will receive but it's a done deal. It's waiting for budget funding decision in the Congress. DoD and DOE have many critical and ongoing projects linked to TSMC's involvement. This is the most important reason why US government wants TSMC to establish an advanced fab on the US soil from the very beginning.
 
They do and it's OK. Otherwise they could invest in the stock market like the Chilean government does for funding their pension system (https://en.wikipedia.org/wiki/Pensions_in_Chile). I am not sure that similar system makes sense for US (and it has not performed as well as Chileans hoped). Having the benefit of having the reserve currency, US government can simply print money which they do (a lot), why bother investing?

Biden's enormous spending bills have met resistance now,because inflation in the US is at record high and biden still wants to print so much money to make inflation even worse
 
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