>“Complete nonsense,” retorts Pierre Ferragu of New Street Research, a financial firm. tsmc has almost simultaneously launched a new fab in Taiwan, with four times the wafer capacity—and more advanced technology—than the two proposed Arizona foundries. Its bet on America is more of a long-term insurance policy than an immediate game-changer. It enables tsmc to start the tough job of recruiting a workforce and amassing suppliers in America, providing a baseline for expansion “if the Chinese are crazy enough to bomb Taiwan”. For the foreseeable future, though, most r&d is likely to remain in Taiwan. So will at least four-fifths of tmsc’s capacity.
It is unfortunate the truth and decent analysts dont get enough press coverage because they dont fit the narrative of current trend.
- The only way to understand the Press is to remember that they pander to their readers' prejudices.
It is unfortunate the truth and decent analysts dont get enough press coverage because they dont fit the narrative of current trend.
- The only way to understand the Press is to remember that they pander to their readers' prejudices.