Comment by wood_spirit

China only has to attack Taiwan to deny the US of TSMC’s production capacity.

Prediction: they will do this as soon as they see sufficient domestic chip production.

The attempts to inshore fabs to the USA is too little too late.

And it doesn’t matter if Trump defends Taiwan and makes China back down - the fabs will have been bombed to bits.

As it is, trump would probably just do sanctions and tariffs, which - like Russia - China will expect to weather.