[HN Gopher] TSMC faces tough choices amid rumors for Intel found...
       ___________________________________________________________________
        
       TSMC faces tough choices amid rumors for Intel foundry
       collaboration
        
       Author : walterbell
       Score  : 122 points
       Date   : 2025-02-13 16:27 UTC (6 hours ago)
        
 (HTM) web link (techsoda.substack.com)
 (TXT) w3m dump (techsoda.substack.com)
        
       | Winblows11 wrote:
       | > U.S. government has proposed three potential cooperation
       | options to TSMC
       | 
       | > 2. TSMC joining other firms as investors in Intel Foundry
       | Services (IFS), a division being spun off from Intel, with TSMC
       | transferring its technology as part of its shareholder role.
       | 
       | > On the other hand, if TSMC rejects the proposals, the U.S.
       | government could impose a 100% tariff on chips made in Taiwan
       | 
       | When US can't compete, they have to blackmail/steal/sanction to
       | rescue their failed corporations. The same stealing accusation
       | they level at China.
        
         | alephnerd wrote:
         | Taiwan added similar ToT clauses when they backed TSMC, UMC,
         | PSMC, and others back in the 1980s-2000s.
         | 
         | Intel is absolutely lobbying for this to hamper TSMC, but
         | Taiwan's industrial policy ain't a saint either. At least this
         | spurs some amount of Capex spending in the US.
        
           | fritzo wrote:
           | Agreed. I learned much from Joe Studwell's book "How Asia
           | Works" (2013), where he argues that among countries in the
           | Asian region, those whose economies flourished were those
           | with protectionist trade policies and export discipline,
           | leading to the creation and honing of domestic industry.
        
             | alephnerd wrote:
             | It's more prosaic than that. It's just helping local donors
             | and closely aligned businesses.
             | 
             | A lot of the "ministerial advice" story (the uber powerful
             | ITRI, METI, etc) is to a certain extent a rewriting of
             | history. A major reason why these bureaucratic orgs were so
             | successful in Asian countries was explicitly because of the
             | revolving door - after your 20 year stint at ITRI or METI,
             | you'd join as an advisor for one of the affected companies
             | or start your own consultancy.
             | 
             | This isn't to say that they made bad choices (they didn't),
             | but it absolutely was done due to collusion between
             | regulators and businesses.
             | 
             | The Trump-era "politician aligned businessman" model is the
             | norm across Asia - it's a major reason why Morris Chang
             | lobbied against the CHIPS act, Hyundai lobbied against
             | easing automotive tariffs, Tata lobbied for 5% sales tax on
             | EVs but 25% sales tax on Hybrids and 50% on ICE, etc.
             | 
             | The Asian Model of Development is predicated on "Access
             | Money" to use Yuen Yuen Ang's typography of corruption.
        
               | gessha wrote:
               | > it's a major reason why Morris Chang lobbied against
               | the CHIPS act, Hyundai lobbied against easing automotive
               | tariffs, Tata lobbied for 5% sales tax on EVs but 25%
               | sales tax on Hybrids and 50% on ICE, etc.
               | 
               | Could you provide citations for some of the above? I'm
               | interested in reading more about them.
        
               | alephnerd wrote:
               | > Could you provide citations for some of the above? I'm
               | interested in reading more about them
               | 
               | Sure. These are some off the top of my head, but I can
               | get some more substantive stuff later
               | 
               | Morris Chang -
               | https://www.politico.com/news/2023/02/14/taiwan-tech-
               | king-pe...
               | 
               | The development of Korea's Automotive Industry - https://
               | www.washingtonpost.com/archive/business/1984/10/07/s...
               | 
               | Tata's lobbying - https://www.reuters.com/business/autos-
               | transportation/tata-m...
        
           | SecretDreams wrote:
           | Yeah. TSMC is the best right now. But they achieved that for
           | a variety of reasons, including a very supportive Taiwanese
           | government. The other major reason was Apple really saved
           | their ass when they moved over from Samsung. The third reason
           | is Intel really did fuck up under the Brian years.
        
         | richardw wrote:
         | Ok go ahead and impose the tariffs. That will be the shortest,
         | sharpest lesson in economics and leverage, transferring tech
         | profits to government and forcing allies to realign. TSMC is
         | not TikTok.
        
           | coliveira wrote:
           | The problem for TSMC is that they're in a weak position. They
           | cut themselves from China, so what other options they have
           | other than do what the US wants? A smart person could see
           | this result from a mile ahead, first with Biden's insistence
           | that it set plants in the US. The whole idea was always the
           | forced IP transfer to US companies.
        
             | richardw wrote:
             | They're very exposed and the only way Taiwan independence
             | survives is by keeping IP and skills locked up on the
             | island. What you can bet on is if Intel had the goods,
             | Trump would say "meh, let's deal" to China. Compared to
             | that, what cost is a tariff or two?
             | 
             | If I were Taiwan, I'd say "give us nukes and a couple subs,
             | then you get our best factories". The US nuclear umbrella
             | is now less of a guarantee and countries need to own their
             | security.
        
               | coliveira wrote:
               | Taiwan should learn a lesson from Ukraine. It makes no
               | sense to go to war against a neighboring nation trusting
               | on support from people thousands of miles away. Do any
               | deals locally, that's the best way to survive.
        
               | variaga wrote:
               | Ukraine did not go to war, _Russia_ went to war, and
               | Ukraine _had_ a  "local" deal with Russia (in exchange
               | for Ukraine giving up their nukes, Russia promised to
               | honor their territorial integrity), Russia simply refused
               | to honor their half of the deal.
        
               | FpUser wrote:
               | The initial deal as I remember was with Russia, US and
               | UK. And the deal was a memoranda which is not even
               | binding and does not compel any real actions in case of
               | breach. Basically Ukraine had acted as a fool.
               | 
               | Immediately after break up from USSR they had 50+ million
               | population, strong army, industry, tech, great location
               | as a transit hub, agriculture, resources etc. and their
               | fucking corrupt "leaders" pissed it all away an had
               | turned their country into an easy prey and a shadow of
               | its former self.
        
           | fransje26 wrote:
           | Fingers crossed they do.
           | 
           | It's going to be a costly, painful lesson for everybody
           | involved, but it could be a salvatory action that helps slow-
           | down the frightening nonsense building up in the US.
        
           | outside1234 wrote:
           | It is just a matter of time before Trump punches himself in
           | the face
        
         | refulgentis wrote:
         | Something tells me it's not the entire US that's making this
         | decision
        
           | Spooky23 wrote:
           | This is a republic of sovereign states, not a democracy.
        
             | throwway120385 wrote:
             | It's actually both. It's a representative democracy whose
             | representatives are drafted from a group of states who give
             | up some of their independence in exchange for a collective
             | military and a central government that regulates trade
             | across borders to the benefit of all of us.
             | 
             | The states still maintain their own military forces in the
             | form of the National Guard, but in times of war these units
             | can be activated by the federal government to support the
             | US military. So they do maintain some sovereignty in the
             | sense that they have their own military forces, but nowhere
             | near to the extent that the federal government asserts
             | sovereignty here.
             | 
             | You can't really call any state in the US "Sovereign" when
             | the federal government has the power that it does. But also
             | it's nice to be able to travel to Arkansas and not have to
             | worry about your actions that are legal in Washington being
             | used to prosecute you in Arkansas.
        
               | Spooky23 wrote:
               | Those things you describe are norms not law. States are
               | legally sovereign and will be testing the ability of the
               | Federal government to drive their behavior.
               | 
               | The people who will be controlling the direction of the
               | country will be empathizing the states over the people.
               | 
               | Regardless of the state of elections, we'll have a deeply
               | conservative or reactionary judiciary for a generation to
               | come. Elections have consequences.
        
             | dralley wrote:
             | States are not "sovereign". We don't have the Articles of
             | Confederation anymore. States do have certain powers, but
             | not as many as even e.g. Canadian provinces have.
        
         | lenerdenator wrote:
         | > When US can't compete, they have to blackmail/steal/sanction
         | to rescue their failed corporations. The same stealing
         | accusation they level at China.
         | 
         | That's all of the countries.
         | 
         | EDIT:
         | 
         | Downvote me all you want, I can pull plenty of examples.
         | Nothing pisses off a voting constituency more than a major
         | regional employer shuttering, so governments do something about
         | it. That, or the government wants to build/maintain a hegemony,
         | so they float companies to outlast competition.
        
           | adrian_b wrote:
           | "That's all of the countries", for the countries that have
           | enough leverage to do this.
           | 
           | However in none of those countries but USA will you see in
           | almost any published text or discussion thread a lot of
           | people weeping that the competitors from China are too strong
           | only because their government either subsidizes them or
           | forces foreign companies to transfer IP, or they do not
           | enforce the environmental regulations.
           | 
           | The contrast between these continuous complaints of the US
           | citizens and what the US government really does, by
           | subsidizing all significant private investments with tax
           | breaks and by blackmailing foreign companies to give various
           | advantages to US companies is funny.
        
           | throwway120385 wrote:
           | No, this is straight up how China built what it has. And
           | stealing technology from established players in Europe and
           | the UK was how the US came to ascendancy in the late 1800's.
           | Before that we were just a backwater.
           | 
           | Go back far enough and everyone will have done this with
           | their nascent industries.
        
             | koolba wrote:
             | > Go back far enough and everyone will have done this with
             | their nascent industries.
             | 
             | And that's arguably a core job of any elected government.
             | It's not to promote external commerce or industry. That's
             | just a positive side effect of equitable bilateral deals.
             | The primary economic and security responsibility is to your
             | own people.
        
               | sangnoir wrote:
               | > And that's arguably a core job of any elected
               | government. It's not to promote external commerce or
               | industry.
               | 
               | Is the "free trade" mask completely off now? Good.
        
           | coliveira wrote:
           | The US wants to have its cake and eat it too. It wants to be
           | considered a democratic, competition-friendly, rules
           | conforming country but will act as an autocratic anti-
           | competitive bully against other nations when it sees fit. Of
           | course, I never fell for the propaganda, but it is time for
           | people wake up and realize this is a facade.
        
             | lenerdenator wrote:
             | I'll keep that in mind next time I read about the Chicken
             | Tax that the guide lamp of democratic, free-trade, rules-
             | abiding practices known as Europe put on Americans to
             | protect their own poultry industry.
             | 
             | There are other examples for both Europe and other regions,
             | but that's what instantly pops into my mind.
        
         | netcan wrote:
         | > On the other hand, if TSMC rejects the proposals, the U.S.
         | government could impose a 100% tariff on chips made in Taiwan.
         | 
         | Seems like a bluff... at least taken literally. Is the US
         | really going to put a 100% tax on _the_ core component of the
         | computing industry?
         | 
         | If this actually played out it would be pretty bad for the US
         | economy.
         | 
         | I suppose the unstated implication us that the US could just
         | take the IP by force.
        
           | bradchris wrote:
           | > I supposed the unstated implication is that the US could
           | just take the IP by force
           | 
           | Isn't that what China's stated plan is?
        
             | aprentic wrote:
             | They're extremely careful not to state that as their plan.
             | 
             | In general, they make a huge effort not to talk about their
             | plans vis-a-vis Taiwan at all. They just keep repeating
             | that Taiwan is part of China.
             | 
             | The closest they come to stating that they plan to use
             | force is that they'll sometimes say that they won't reject
             | the use of force.
             | 
             | Given that nobody has proposed a scenario where China
             | actually could do something like "take the IP by force"
             | (since the IP would be gone if they ever tried to invade)
             | and we can generally see that the Chinese leaders aren't
             | complete idiots, it seems highly unlikely that they're
             | planning an invasion any time soon.
        
               | dageshi wrote:
               | If all it costs them were never having access to those
               | chips again the chinese would've taken Taiwan already.
               | 
               | The chinese want to invade Taiwan because they think it's
               | a rebel province, their only consideration is whether the
               | US will oppose them militarily if they do.
        
               | palmotea wrote:
               | > The chinese want to invade Taiwan because they think
               | it's a rebel province, their only consideration is
               | whether the US will oppose them militarily if they do.
               | 
               | IIRC, the US's wargaming shows that if it tries to
               | intervene, it will lose. Taiwan is too far from the US
               | and too close to China.
        
               | aprentic wrote:
               | Exactly.
               | 
               | The US has unrivaled force projection capabilities; half
               | the worlds carrier fleets, the largest navy by tonnage,
               | and the technology to execute unprecedented combined arms
               | maneuvers.
               | 
               | China has insane defense-in-depth; more missiles than you
               | can shake a stick at, the largest navy by number of
               | ships, a vast arsenal of countermeasures, and a 4:1
               | population advantage.
               | 
               | China can't stand toe-to-toe with the US anywhere except
               | the immediate vicinity of China. In that vicinity, nobody
               | can get close if China doesn't want them to.
        
               | palmotea wrote:
               | > China can't stand toe-to-toe with the US anywhere
               | except the immediate vicinity of China. In that vicinity,
               | nobody can get close if China doesn't want them to.
               | 
               | I think you have a typo there.
               | 
               | Personally, I think if the US wants to defend Taiwan from
               | invasion, it needs to stock them up with a massive
               | amounts of missile/artillery/whatever systems and
               | ammunition, and that needs to be distributed all over the
               | island so there's no concentrated stockpile to attack.
               | 
               | But the US cupboard is bare, and Ukraine made it barer.
               | IIRC, in an all-out war _the US itself will run out of
               | missiles_ in a few days or weeks, and lacks the capacity
               | to replenish them at a reasonable rate.
        
               | aprentic wrote:
               | It's clearly not just about the chips. China didn't
               | attack Taiwan before 1987, when TSMC was founded.
               | 
               | There are many disincentives. The biggest one is that
               | China is confident that they'll get full control of
               | Taiwan without violence.
               | 
               | They believe that the US is in a state of terminal
               | decline and Europe will never overcome centuries of
               | infighting. A significant portion of the population of
               | Taiwan wants to reunify. They fully expect that they can
               | just continue to nurture supporters within Taiwan and
               | wait out the West and Taiwan will just fall into their
               | lap.
               | 
               | Why would they go to war when they think they can get
               | everything they want without war?
        
           | outside1234 wrote:
           | I mean, we have a total moron as a leader, so I wouldn't rule
           | out totally insane things like a 100% tax.
        
             | Swoerd wrote:
             | You're selling him short, he's also a felon, sexual
             | predator, fraud, grifter, traitor, conman, Demagogue and
             | Narcissist.
        
               | iszomer wrote:
               | But an insanely ruthless businessman.
               | 
               | I wonder what the Japanese government has to say about it
               | or, whether the Taiwanese government would allow itself
               | to sign a formal trade and security treaty with Japan,
               | apart from their One China Policy stance.
        
               | hobs wrote:
               | Ruthless? Mostly just a penny pinching liar. By all
               | measures (until he started this presidency grift) he
               | would have made more money just putting his inheritance
               | in index funds, he's just projecting.
        
               | malcolmgreaves wrote:
               | He lost nearly all of daddy's money. But that's the
               | thing: when you're born rich, it's impossible to become
               | poor.
               | 
               | He is a terrible businessman. How did you get the
               | impression that he is "ruthless"?
        
               | sangnoir wrote:
               | > But an insanely ruthless businessman
               | 
               | Ruthless but ineffective: he'll stiff contractors and
               | suppliers, but still failed to keep a Casino solvent when
               | the house is supposed to always win. He also started a
               | tariff war in his first term that ended up with him
               | subsidizing farmers.
        
               | iszomer wrote:
               | Judging by the rest of the comments from my own, all of
               | this is anecdotal right? I don't know the true facts nor
               | their context. And why is he so irrevocably offensive to
               | _ya 'll_? Has he hurt you in some way personally? (not
               | trolling)
        
               | Hikikomori wrote:
               | I'll give you insane, maybe ruthless as he stole from his
               | own charity, but ain't a businessman.
        
               | outside1234 wrote:
               | Ruthless but stupid.
               | 
               | Let's not forget he has gone bankrupt SIX TIMES.
        
           | newsclues wrote:
           | If the US bluff is give us what we want or we pull our
           | security guarantee and China invades and you are forced to
           | blow the fabs and move your engineers.
           | 
           | That hurts the US access to chips, short term. But then who
           | is going to fill the demand and where will the talent
           | migrate, and who else is going to build the capacity ($$$)?
        
             | gwervc wrote:
             | The US revealing its true face (the fact it was no allies,
             | only vassals) and trying to bully Taiwan into giving up its
             | most precious economic could be something that help China
             | in the long run. I mean, given two bullies, why try to
             | appease the distant and foreign one, instead of the one
             | with cultural and linguistic ties? Seems an incredibly
             | short-sighted move from Taiwan, but it's good that more
             | people see its true colors. Taiwan should try to gain more
             | protection from Japan.
        
             | rasz wrote:
             | At some point being assimilated by China starts to look
             | like a good option. Why blow up fabs if you join willingly,
             | and then its China who is blocking US from buying chips
             | made on latest nodes.
        
             | netcan wrote:
             | IDK... if a profitable market is up for grabs, $$$s are not
             | a problem. The financial system is quite comfortable
             | fronting cash for factories making in-demand products.
             | 
             | Have people suddenly forgotten that markets and enterprises
             | exist, and are quite good at making products. Chips are not
             | minerals. The state department isn't a tool for this job.
             | 
             | In any case, TSMC is currently within the US sphere. Nvidia
             | makes most of the capital gains. US government gets to deny
             | China. US companies get good chips. Where's the upside in
             | blowing all this up?
             | 
             | Perhaps pulling the security guarantee and greenlighting
             | reunification under PRC is the destination, and onshoaring
             | Taiwan's critical industries is deemed prudent in advance
             | of this.
        
         | JumpCrisscross wrote:
         | > _When US can 't compete, they have to
         | blackmail/steal/sanction to rescue their failed corporations_
         | 
         | Obsolete framing. This would be happening even if Intel were
         | competitive. We're shifting into a nationalist (possibly
         | kleptocratic) economic footing. Previously, we were
         | friendshoring. This administration doesn't discriminate between
         | friend and foe.
        
           | selectodude wrote:
           | In fact we seem to be keeping our enemies closer.
        
           | delusional wrote:
           | I think it's a framing from somebody outside the US. The
           | current US administration didn't just happen. When you could
           | no longer compete under the terms you yourself set. You
           | decided to elect a nationalist leader that would flip the
           | table.
           | 
           | It's a framing that doesn't let the American public distance
           | themselves from their own elected officials. He is your
           | president.
        
             | JumpCrisscross wrote:
             | > _When you could no longer compete under the terms you
             | yourself set. You decided to elect a nationalist leader
             | that would flip the table_
             | 
             | This is the mistake. This isn't industrial strategy. It's
             | part messaging tantrum part pursuit of autarky.
             | 
             | America could have been winning, and in some domains it is,
             | but that doesn't matter because the political question is
             | how those gains are divided inside America.
             | 
             | > _a framing that doesn 't let the American public distance
             | themselves from their own elected officials_
             | 
             | Nobody is doing that. The point is America is grabbing
             | irrespective of whether it's winning, and without any
             | particular coherence.
        
             | voidfunc wrote:
             | > He is your president.
             | 
             | I didn't vote for him. With the way our electoral college
             | works I didn't really even have a voice in this election.
             | 
             | He's The President the people of PA, MI, and GA wanted tho.
             | 
             | So no, he's not "my President".
        
               | kelipso wrote:
               | Doesn't matter what you think or didn't do, he is still
               | your President.
        
             | seanmcdirmid wrote:
             | > You decided to elect a nationalist leader that would flip
             | the table.
             | 
             | Most of us really didn't. Some of us, for the first time in
             | our lives, made substantial personal campaign contributions
             | to the other side because the nationalist leader looked
             | really dangerous for US economics and international
             | relations.
        
               | palmotea wrote:
               | > Some of us, for the first time in our lives, made
               | substantial personal campaign contributions to the other
               | side because the nationalist leader looked really
               | dangerous for US economics and international relations.
               | 
               | It's too bad for those people that the other side they
               | supported was so stupid they lost anyway.
               | 
               | I wrote that side some angry letters over the years. For
               | a long time, there were strong signals they arrogantly
               | thought that "nationalist leader [who] looked really
               | dangerous" was actually an opportunity for them to win on
               | an unpopular platform that appealed to their elites. They
               | did some really stupid shit that undermined their
               | credibility.
        
               | seanmcdirmid wrote:
               | It was never about "the democrats aren't perfect", I
               | think we gave up a long time ago on politicians that
               | would actually push things forward. Nope, it was more
               | like here is the "status quo" (things don't get better
               | but they don't get worse either) and here is "batsh*t
               | crazy" (99% chance things get really bad). And I guess
               | that's what many Trump supporters are going for: they
               | know Trump is nuts, but they don't want to see the status
               | quo stand. They want destruction while hoping that they
               | will come out better for it.
        
           | fransje26 wrote:
           | > We're shifting into a nationalist (possibly kleptocratic)
           | economic footing.
           | 
           | From that point of view, it is probably in TSMC's best
           | interest to _not_ hand over their IP..
        
             | JumpCrisscross wrote:
             | > _it is probably in TSMC 's best interest to not hand over
             | their IP_
             | 
             | Absolutely not. TSMC, ironically, can outlast Trump.
             | Unfortunately, Taipei may not be able to.
        
           | palmotea wrote:
           | > Previously, we were friendshoring.
           | 
           | Of all the places to "friendshore," Taiwan is probably the
           | worst due to its location and vulnerability.
        
           | moogly wrote:
           | OK if you want to be isolationist and retreat to a haughty
           | vantage point in your ivory tower, but to isolate in ignominy
           | by purposefully pissing off all your friends and
           | acquaintances is so strange to me.
           | 
           | Is it America First or America Alone?
        
         | ericmay wrote:
         | > When US can't compete, they have to blackmail/steal/sanction
         | to rescue their failed corporations.
         | 
         | Name a country where this doesn't occur. The US is not the only
         | country in the world by a long shot that doesn't take measures
         | to protect their failing corporations or export products.
         | 
         | > The same stealing accusation they level at China.
         | 
         | Well they've leveled the accusation against China and nothing
         | changed. So what should the United States do? Continue to let
         | it happen or do something about it? Unfortunately global
         | fair/free trade requires all participants to participate in
         | good faith. If the second largest economy is going to actively
         | undermine that system it just won't work.
        
           | liuliu wrote:
           | Taiwan is not China.
        
             | elefanten wrote:
             | GGP referenced US accusations against China
        
             | somat wrote:
             | Yes it is, it's the PRC(West Taiwan) that is not China.
             | 
             | Realistically, I get your point and you are correct, but
             | also wanted to point out how politically tricky the whole
             | situation is. Hell, depending on how you define successor
             | states. I could make a good argument that neither is
             | actually China. I would be wrong, but could make a good go
             | at it.
        
           | snailmailstare wrote:
           | The US spent a long time arguing for globalization and free
           | trade, proposing all the treaties, etc, but the US isn't a
           | real republic so anything its signature is on is worth dirt.
        
           | impossiblefork wrote:
           | Hardly any countries do this. It's only really the US which
           | has had the soft power to behave in this way.
        
         | Leary wrote:
         | This is weak sauce. America should limit chips to other
         | countries and then make Taiwan sell them to the US with the
         | 100% tariffs.
         | 
         | Oh wait, that's what the AI diffusion rules do.
        
         | MangoCoffee wrote:
         | "Real men have fabs." - Jerry Sanders.
         | 
         | TSMC - "You don't need to manage your own fabs. Let us do it
         | for you and just focus on what you do best."
         | 
         | Intel kept its fabs, which certainly gave it many advantages,
         | until Intel's tick-tock model failed. Now, America is crying
         | about its own failures and wants to punish others for their
         | success.
         | 
         | It makes America look bitter.
        
           | tmaly wrote:
           | Intel cannot afford to create a new fab on the newest
           | technology.
        
             | fransje26 wrote:
             | > Intel cannot afford to create a new fab on the newest
             | technology.
             | 
             | Where did the billions they racked-up in the past decades
             | go to..?
        
               | osnium123 wrote:
               | They wasted it on stock buybacks and acquiring start ups
               | that they went onto kill.
        
             | BeetleB wrote:
             | Have you looked at their balance sheet?
        
         | HDThoreaun wrote:
         | > The same stealing accusation they level at China.
         | 
         | If you cant beat 'em join 'em. Makes sense to me.
        
         | coliveira wrote:
         | The US will justify any means to achieve its goals. If it
         | doesn't work through democracy, human rights, capitalism, it
         | will invent other more sinister methods to attempt to subjugate
         | other nations.
        
         | Moto7451 wrote:
         | It's worth noting that this is just the current winds of change
         | with the current administration and not how the US has always
         | acted. Every major economy uses tariffs. This particular use of
         | tariffs is the Trump Administration v1 and v2's preferred magic
         | hammer for whatever nail they want to hit.
        
         | osnium123 wrote:
         | If proposal 2 goes through, it means that Intel will shut down
         | any development activity in Oregon and rely only on TSMC for
         | next generation technology. It might be warranted given Intel
         | abysmal track record for developing nodes but still unfortunate
         | for the thousands of engineers who will get let go.
        
         | palmotea wrote:
         | > When US can't compete, they have to blackmail/steal/sanction
         | to rescue their failed corporations. The same stealing
         | accusation they level at China.
         | 
         | I'm glad the US is learning some positive lessons here. China
         | has shown that joint ventures and forced technology transfers
         | are the way to go, and the US has shown that an uncritical
         | embrace of the free market/free trade sets you up on a glide
         | path to national vulnerability and eventual irrelevance (while
         | a few dudes get very rich in the process).
        
           | AtlasBarfed wrote:
           | "Free market" has disappeared from right wing political
           | discourse for decades now. It was used to get both achieve
           | desired deregulation and simultaneously regulatory capture to
           | attain cartel/monopoly status in almost all markets.
           | 
           | The free trade era is definitely ending. I though Zeihan was
           | nuts saying piracy and sea security would degrade back to
           | mercantilist/privateer days, but it does appear that will
           | happen especially with the Ukraine war showing littoral
           | theater dominance of cheap drones.
           | 
           | Also, free trade and free seas was predicated on the US
           | needing oil. With shale oil, alt energy, and the rise of the
           | EV, the strategic significance of oil will plummet over the
           | next decade. Why have a dozen carrier groups? Why have three?
        
             | palmotea wrote:
             | > "Free market" has disappeared from right wing political
             | discourse for decades now.
             | 
             | "Disappeared for decades" is pushing it, but I'd give you
             | "reduced in prominence for a decade" (e.g. since Trump's
             | rise).
             | 
             | That said, "an uncritical embrace of the free market/free
             | trade" is still a pretty common stance on HN.
        
         | bastardoperator wrote:
         | Is this the same China that requires the government to do
         | source code reviews on technical products being manufactured in
         | China? Or the one that forces you to share the majority of your
         | company with a Chinese partner? I hear you, but both are bad.
        
       | bloomingkales wrote:
       | This sounds like a "reciprocal" play against China. Everyone has
       | been saying China uses this tactic to steal IP. The dirty little
       | secret is that they did this to Tesla (suddenly they have all
       | this homegrown EV tech after they let Tesla into the country),
       | and I think Elmo is pissed. The other dirty not so secret is that
       | Deepseek just trained against OpenAI (stole it).
       | 
       | It's a Cold War.
        
         | alephnerd wrote:
         | There were murmurs about something like this even during the
         | Biden administration. There is bipartisan support for bringing
         | as much manufacturing capacity back to the US as possible -
         | especially in packaging which is almost entirely outsourced
         | because of unit economics and outsized subsidies by APAC
         | players.
         | 
         | The main difference is that a lot of the hardball tactics flew
         | under the radar during the Biden admin.
         | 
         | Also, Taiwan ain't China.
        
           | 7speter wrote:
           | This was probably drawn up as an option, but is everyone here
           | gonna ignore that theres a new administration in the
           | whitehouse and Intels previous CEO (who, at least publicly,
           | was very optimistic that Intel could pull a turnaround all on
           | its own) was recently ousted?
        
             | alephnerd wrote:
             | Intel's leadership has been lobbying for this at a
             | bipartisan level for almost half a decade now. This saga
             | has been going on since 2018-19 and Pat Gelsinger is
             | himself Republican leaning.
        
             | bluGill wrote:
             | Chips are too imporant to modern war for any country to be
             | unable to make them. I mean the entire chip not just a
             | part. the entire chain from raw minerals to a complete
             | circuit board needs to be in your county. don't forget to
             | design the above too.
             | 
             | Small countries better join something like the eu and nato
             | because they cannot ro alone.
        
               | alephnerd wrote:
               | > Chips are too imporant to modern war for any country to
               | be unable to make them
               | 
               | The chips being used in weapons systems are largely
               | fabbed on legacy nodes (28nm/48nm) or 14nm at the latest.
               | 
               | You don't need much more than a mid-2010s comparable
               | Intel i5 or Nvidia Maxwell for most defense or weapons
               | systems applications.
        
         | amluto wrote:
         | Was there actually interesting EV tech to steal? Even when
         | Tesla was new, there were various experimental EVs around, and
         | it wasn't _that_ hard to build one. Tesla's real innovations
         | seem to have been packaging existing 18650 cells into giant
         | packs in an economical manner and putting everything together
         | into a package that looked nice.
         | 
         | And now there's BYD, which, as I understand it:
         | 
         | - Uses a highly integrated drive system that does not have any
         | particular resemblance to Tesla's
         | 
         | - Uses prismatic LFP cells. Those cells and battery packs are
         | very different from what Tesla uses, at least in the US. And
         | Tesla has never actually been a heavyweight in the battery tech
         | space despite periodic PR pieces from management.
         | 
         | The rest is ... just a car?
         | 
         | What did BYD steal from Tesla exactly, other than market share?
        
           | bloomingkales wrote:
           | https://news.bloomberglaw.com/us-law-week/tesla-trade-
           | secret...
           | 
           | Before you go "well how could two people cause all of this",
           | it's the two people we heard about.
           | 
           | There's no suing in China to protect your shit.
        
         | bilbo0s wrote:
         | Just being a pedant, but _technically_ , Taiwan is not China.
         | 
         | Having said that, yeah, it's not too hard to see a future where
         | asian nations begin to see a lot more possibilities in
         | cooperation than they see in competition with each other.
         | 
         | Just as they have a right to develop their strategic postures,
         | we, also, have a right to adjust our posture to serve us best
         | in the largest possible number of future outcomes.
        
           | catlikesshrimp wrote:
           | Taiwan is ROC (republic of china) China is PRC (people's
           | republic of china)
           | 
           | Until the day China finally invades Taiwan and stablishes its
           | laws there.
        
           | pests wrote:
           | > Just being a pedant, but technically, Taiwan is not China.
           | 
           | I think this is wrong? Both PRC and ROC claim ownership of
           | all of China, including Taiwan. The PRC calling Taiwan a
           | rouge territory and the ROC claiming to be a government in
           | exile.
           | 
           | The ROC has never denied otherwise as claiming to be
           | sovereign would upset the balancing act they play.
           | 
           | To sum it up, I would say the official position of Taiwan is
           | that _it is_ China.
        
             | jamesdutc wrote:
             | This is not a comment that correctly describes how these
             | two entities realistically operate and interact. I don't
             | know why people keep repeating this as though it were
             | insightful.
             | 
             | Whatever your own position on this matter may be, it is
             | important that we factually describe the positions of the
             | parties directly involved.
             | 
             | Hopefully we can use this as an opportunity to spread a
             | more accurate description of the dynamics at play.
             | 
             | For reference, here is a speech by William Lai Qing De
             | (https://en.wikipedia.org/wiki/Lai_Ching-te) outlining the
             | position under which he operates. The phrasing he uses is
             | one that is consistent across all of his public remarks;
             | consistent with remarks by Louise Xiao Mei Qin
             | (https://en.wikipedia.org/wiki/Hsiao_Bi-khim) and other
             | close associates of William Lai Qing De ; consistent with
             | remarks made by Cai Ying Wen
             | (https://en.wikipedia.org/wiki/Tsai_Ing-wen); and
             | consistent with how the structures in Taiwan have operated
             | over at least the last decade.
             | 
             | <<Lai Qing De Jiu Zhi Yan Shuo :Liang An [Hu Bu Li Shu ] >>
             | : https://youtu.be/oLO5bYF8lDs?t=139
             | 
             | The relevant remark is: [You Ci Ke Jian ,Zhong Hua Min Guo
             | Yu Zhong Hua Ren Min Gong He Guo {Hu Bu Li Shu } ]
             | 
             | Here is my (manual) translation: "From this it can be seen
             | that the Republic of China and the People's Republic of
             | China are 'not subordinate to each other.'"
             | 
             | Here is a Whisper-generated transcript of the entire
             | speech, with an OpenAI generated translation inline. I
             | skimmed the translation, and it adequately conveys the
             | speaker's meaning and intention. (It does fail to convey
             | the delicacy, careful phrasing, and specific rhetorical
             | choices made by the speaker that are extremely clearly
             | visible in the Chinese. However, this aspects are harder to
             | convey if you don't have minimal prior knowledge on this
             | topic.) https://pastebin.com/fGxHUpXN
             | 
             | It is true that there are historical positions,
             | (historical) on-paper claims, and even a variety of
             | differing positions and lively debate on this issue across
             | all of the populations involved. But the conclusion one
             | might draw from the comment above is wholly incorrect. It
             | simply isn't the framing within which William Lai Qing De
             | and associated parties are actually navigating this issue.
        
         | notyourwork wrote:
         | Did Deepseek steal anything or use what was made available
         | publicly? I don't agree that theft took place.
        
           | bloomingkales wrote:
           | I don't know. Imagine a giant library, and a big corporation
           | comes and steals it (OpenAI training on the internet/books).
           | Then imagine another corporation comes and walks into the
           | stolen library and scans each book so they have a copy (of
           | the whole library ).
           | 
           | The reason you don't consider it theft is because we're into
           | deep level treachery here where right and wrong are beyond
           | blurred.
           | 
           | Just to add a slight bit of friction to all of this, I'll
           | just note that money and profit is involved. Lots of it.
           | 
           | But when I said _I don't know_ , I really meant it. It seems
           | obvious to me, but how could it be that obvious? I must be
           | going crazy.
        
             | pphysch wrote:
             | That implies DeepSeek waltzed in and stole something
             | resembling (ill-begotten) "trade secrets".
             | 
             | It's more like DeepSeek legally bought OpenAI's public
             | product, tore it apart and successfully RE'd it / used it
             | to bootstrap their own thing. Like many other innovators
             | and tinkerers.
        
         | JumpCrisscross wrote:
         | > _China uses this tactic to steal IP. The dirty little secret
         | is that they did this to Tesla_
         | 
         | China bought its way into batteries by buying our bankrupt A123
         | [1]. We weren't fleeced, we gave it away.
         | 
         | > _It's a Cold War_
         | 
         | It's a stupid Cold War. Literally search public property
         | records for mortgage liens and join to senior people who have
         | just been fired. Offer them a consulting contract so they don't
         | even know they're an intelligence asset.
         | 
         | [1] https://en.m.wikipedia.org/wiki/A123_Systems
        
           | notahacker wrote:
           | > It's a stupid Cold War.
           | 
           | Yeah. Short of nuking themselves, the US couldn't really be
           | trying harder to lose in every possible aspect right now.
        
       | UncleOxidant wrote:
       | > 3. Allowing Intel to handle the packaging process for TSMC's
       | Arizona-based operations.
       | 
       | WTF does that achieve? TSMC fabs all the advanced chips and Intel
       | becomes just a packager? Window dressing.
        
         | silisili wrote:
         | For anyone else like me who wasn't familiar with what
         | semiconductor packaging is -
         | 
         | https://news.skhynix.com/semiconductor-back-end-process-epis...
        
         | georgeburdell wrote:
         | Packaging is gobbling up more and more of the backend process,
         | especially for chiplets.
        
         | inverted_flag wrote:
         | Currently, all the Arizona-made chips have to be sent back to
         | Taiwan for packaging, which defeats the purpose of having the
         | fab in the US in the first place.
        
           | nullbyte wrote:
           | Hmmm that's an important point
        
           | TSUTiger wrote:
           | That's definitely going to impact the new Amkor facility out
           | there
        
         | matthewfcarlson wrote:
         | Isn't this sort of like Ford announcing they'll just package
         | Toyota engines into cars? I don't think anyone would call a car
         | window dressing? Packaging has become far more than just coat
         | chip in epoxy/plastic and bond wires onto die.
        
       | catlikesshrimp wrote:
       | What would be the result of the 100% tariff? Making the imports
       | more expensive OR buying even more tech from China.
       | 
       | The second one sounds like the worst possible result I can
       | Imagine.
       | 
       | Stablishing the packaging plant in the US sounds like the best
       | option. The US would be copying what China does, but much better
       | than partnering with a US company in the fab space. Technology
       | transfer is unacceptable for Taiwan's survival (geopolitics)
        
         | wmf wrote:
         | When it comes to chips, China doesn't have what the market
         | wants. Most TSMC customers would just pay the tariff while some
         | would switch to Samsung Foundry.
        
       | sharpshadow wrote:
       | Apart as mentioned the tariff is a bluff, it's clear which option
       | TSMC has to take isn't it?
        
       | code51 wrote:
       | How convenient that insiders jumped on INTC with this "rumor" 3
       | days ago.
       | 
       | They made about 25% from this in 3 days. Easiest money from a
       | rumor.
        
         | baq wrote:
         | The SEC really doesn't like such plays.
         | 
         | No wait that was a couple months ago.
        
           | mrbluecoat wrote:
           | Is the SEC still around? I thought Elon announced he was
           | eliminating all federal agencies this month containing a
           | letter in the word Valentine.
        
             | sangnoir wrote:
             | The husk of the SEC with its brains scooped out is a useful
             | tool to sic upon one's competitors or ideological enemies.
             | I wouldn't be surprised by an SEC investigation into OpenAI
             | in the next few years.
        
             | outside1234 wrote:
             | The SEC will probably still exist to punish enemies.
             | 
             | So update your bio with a MAGA photo and something racist.
        
         | SecretDreams wrote:
         | If this was a real thing that would play out, the stock would
         | go up far more than 25%. Still time for normal laymen to get
         | in. Or it's not going to happen, by which case, it's going to
         | go back down.
         | 
         | Coinflips for everyone!
        
           | code51 wrote:
           | Sometimes the play is only about the announcement itself, not
           | the implementation - news about a possible big news - just
           | like upcoming Trump tariffs.
        
       | budududuroiu wrote:
       | Honestly, Taiwan should just start selling export controlled
       | chips to China. Trump kicked UA to the side, he'll do the same to
       | TW, might as well make a buck while at it, China is gonna catch
       | up sooner or later anyways
        
         | colechristensen wrote:
         | I really can't think of an upper bound for US response to an
         | action like that.
        
           | budududuroiu wrote:
           | The TW legislative is controlled by a slim majority that
           | would support a rehash of the CSSTA [1], with the runner up
           | for the presidential race calling for it on the campaign
           | trail. The US is already far behind on weapons deliveries and
           | owes TW more than $20bn in delayed weapons shipments. I don't
           | see the lower bound to what the US response might be
           | 
           | [1] https://en.m.wikipedia.org/wiki/Cross-
           | Strait_Service_Trade_A...
        
           | FpUser wrote:
           | Taiwan can be friends with the US and keep selling them chips
           | while keeping knowhow to themselves. Or they can be friends
           | with others with the same results. Sanctions are not gonna
           | help in this case. Of course the US can bomb Taiwan but I
           | think it will lead straight to WWIII with all the cherries on
           | top.
        
           | snailmailstare wrote:
           | I think the US is going to be inundated with thousands of
           | actions going on between other countries to replace it and it
           | will be able to respond to dozens of them. They can of course
           | choose long preexisting legislation as a hill to die on, but
           | there are going to be a lot of hills and they could also
           | pretend it never mattered to them.
        
         | Aaronstotle wrote:
         | Taiwan can offer Russian advanced chips in exchange for nuclear
         | weapons
        
           | AtlasBarfed wrote:
           | Yes, the article doesn't really seem to address the
           | underlying security threat that underpins these ultimatums.
           | 
           | Even if the US "guarantees" Taiwan security, the current
           | administrations "guarantees" are not worth the even hot air
           | they are made of.
           | 
           | I'm not sure if you were joking, but it would be 100%
           | justified, especially if the "negotiation" with Russia over
           | Ukraine are correctly reported.
        
           | mandevil wrote:
           | Taiwan is almost certainly only a few months from completely
           | indigenous nuclear weapons: they have their own nuclear power
           | reactor at Maanshan, and all the way back in the 1980's the
           | US estimated that they were less than two years from a
           | nuclear weapon. Given (waves hand generally at the world
           | around him) all of this, they have almost certainly
           | undertaken quite a bit of effort to shorten that timeline
           | over the past forty years.
           | 
           | South Korea and Japan are in basically identical places,
           | FWIW. The only reason we haven't seen a north-east Asia
           | nuclear arms race, so far, is that several countries relied
           | on their presence inside the US Nuclear arms umbrella. With
           | that looking more questionable, I think the next four years
           | are likely to see widespread nuclear weapons proliferation.
           | Certainly the example of Iran, where the US negotiated an
           | excellent treaty and then unilaterally pulled out of it and
           | started violating the treaty whole-sale under Trump's last
           | time as president, and the fate of Ukraine, who were invaded
           | by a much larger, nuclear armed neighbor, should encourage
           | all three of those countries to make nuclear weapons faster.
           | 
           | The only reason any of them might not is domestic political
           | response, which loom biggest for Japan, but I doubt that
           | would stop any of those countries.
        
             | jiggawatts wrote:
             | The roadblock most countries have to nuclear weapons is a
             | lack of a domestic high-tech industrial base... which
             | Taiwan has in spades. I'm surprised they haven't built a
             | bomb already!
             | 
             | If I were them, I would try the Israel approach of very
             | carefully refusing to admit whether they do or do not
             | actually have 127 bombs that can reach Beijing.
             | 
             | Oh.. why 127? No specific reason... don't worry about it...
        
             | maxglute wrote:
             | TW nuclearizing is PRC redline, and they're thoroughly
             | infiltrated by PRC intelligence (half the reason US had to
             | coerce them into ending initial effort was because PRC
             | intelligence knew what was up). Today, any TW nuclear
             | program is 7 minutes from being cratered, they're simply
             | not nuclear turn key capable anymore unless US just
             | positions nukes on TW and give authority in which case
             | we're in WW3 anyway.
        
       | FpUser wrote:
       | I think TSMC is better off telling them to sod off. The whole
       | goal of these deals is to transfer tech and knowhow to the
       | competitors in the US. Threats of tariffs is irrelevant I think
       | as the US also wants to put tariffs on China. They can just wait
       | it out.
        
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