I think it a testament to the collectively perceived value of semiconductors. I'm saying IMO no matter where in the world the fabs were that place would be a military hotspot. the miltary hotspotness will follow the top of the line fabs
additionally, I take it as evidence of the perceived value that people gone to great lengths to avoid widespread proliferation of this techniques because scarcity is a value amplifier. so by keeping it scarce its value increases.
so if I'm correct, if/when there are multiple comparable fabs in multiple parts of the world the geopolitical risks should go down in taiwan
finally, having typed it out, I feel my whole argument is wrong...
additionally, I take it as evidence of the perceived value that people gone to great lengths to avoid widespread proliferation of this techniques because scarcity is a value amplifier. so by keeping it scarce its value increases.
so if I'm correct, if/when there are multiple comparable fabs in multiple parts of the world the geopolitical risks should go down in taiwan
finally, having typed it out, I feel my whole argument is wrong...