Comment by kikkia

I'd argue that the consolidation of the chip industry in Taiwan has had the most impact here. If/When China does move to take over Taiwan the global chip supply will be devastated and countries are well in their right to want to diversify from that. If anything, POTUS statements just also solidified the point that like Taiwan, they should not rely on USA or any other country for that matter. Hence why so many countries are pushing for some level of self sustainment.