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this post was submitted on 13 Jun 2024
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The biggest news here is that semiconductor production is amping up in the states, which is good for national security and reduces reliance on Taiwan.
Slightly less good for the people of Taiwan.
Ehhh. We are really just hedging our bets. As I understand it we are focusing on production of the older generations of chips. That frees up Taiwan to focus on the bleeding edge chips. Losing Taiwan would still be a massive blow to the global economy.
Shouldn't come as much surprise though. We're not going to risk nuclear armageddon over nVidia's stock price.
There'll be lots of huffing and puffing, stern statements and red lines drawn, but if China decide they really want it, they'll take it and the rest of the world won't really do much.
Everyone has way too much of their infrastructure in China and they know it.
Thanks, Biden
The bigger news here is something from his administration is coming to fruition that creates American jobs and reduces foreign dependency on a major commodity for both civilian and military applications.
True. That's definitely a fact / good thing that's getting overlooked.