Thanks for the wonderful piece. I think pushing the economics a step further is important: if TSMC suffers via a loss of intermediates or a loss of customers, the company shrivels. If that happens, the staff become poachable, and throwing money at them helps move the expertise to the USA. You might need Walter White to build the fab, but if TSMC shrivels, Walter White becomes available.
Thanks for the wonderful piece. I think pushing the economics a step further is important: if TSMC suffers via a loss of intermediates or a loss of customers, the company shrivels. If that happens, the staff become poachable, and throwing money at them helps move the expertise to the USA. You might need Walter White to build the fab, but if TSMC shrivels, Walter White becomes available.
Thanks for the wonderful piece. I think pushing the economics a step further is important: if TSMC suffers via a loss of intermediates or a loss of customers, the company shrivels. If that happens, the staff become poachable, and throwing money at them helps move the expertise to the USA. You might need Walter White to build the fab, but if TSMC shrivels, Walter White becomes available.