It is categorically NOT a huge win for the stock. This is all happening because of US subsidies.
The US has more expensive workers who are overall worse at the job and don't have the expertise to be compete with the people in Taiwan.
The subsidies only make this a viable option for political reasons. The decision to create a fab in Arizona is strictly speaking unprofitable and essentially a economically irrational move for the company.
It is ONLY being done because of US demand and political tension from China. For a shareholder this move is not good when looking at it in terms of profit.
I know this is a hard pill to swallow but it's true.
Don't joke about Europe. The best place for tsmc to expand is actually china. But this won't happen for various reasons that we all know about.
The US has more expensive workers who are overall worse at the job and don't have the expertise to be compete with the people in Taiwan.
The subsidies only make this a viable option for political reasons. The decision to create a fab in Arizona is strictly speaking unprofitable and essentially a economically irrational move for the company.
It is ONLY being done because of US demand and political tension from China. For a shareholder this move is not good when looking at it in terms of profit.
I know this is a hard pill to swallow but it's true.
Don't joke about Europe. The best place for tsmc to expand is actually china. But this won't happen for various reasons that we all know about.