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US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

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Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#111
post #92

Earlier quoted context omitted.

... is that not a thing that already happens?

Mostly not, because they are all 100% on board. They have shown cabinet meetings where they all take turns effusively praising him in the most sickeningly sycophantic way, though.

Wait, are we still talking about North Korea?

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#112
post #36

Earlier quoted context omitted.

Winning is different from taking over.. Russia wants to rule over Ukraine, not destroy it. US was all into destroying Afghanistan and Iraq. They had no intention of being there long term.

> Russia wants to rule over Ukraine, not destroy it. Can’t it be both? It’s hard to argue they aren’t trying to destroy it. It has been attempted in the past during the Holodomor. https://en.m.wikipedia.org/wiki/Holodomor

The context of post-civil war stalinism and food/industrial policy was a little different from modern Russian empire-building.

Russia's end goal here is a cultural genocide.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#113

Earlier quoted context omitted.

Why would China annexing Taiwan have any direct effect on TSMC ? I'd imagine they would be happy to have TSMC still selling to NVidia, Apple and AMD, and therefore a powerful lever in case of future US export controls/etc.

because even without deliberate sabotage a war in Taiwan would shut TSMC down for at least a decade. Changing the toilet paper supplier can drop yield by 20% until they sort it out. How do you think a warzone will affect it?

TSMC built a fab in Arizona that in 2 years was up and running delivering chips to Apple, so it doesn't take that long ...

Obviously a protracted or nasty war would have a severe impact, but it's hard to see why China would want to harm TSMC, even if worse case for US they stopped them from exporting.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#114
post #78
post #2

This whole economy by corruption and coercion is not going to work out.

The article pretty much says it right in the opening section > investing a further $400 billion in the US alongside buying a stake in Intel seems improbable from a purely financial standpoint TSMC's entire assets are ~$200,000,000,000 [1] (cash, inventory, accounts receivable, land, buildings and equipment.) Buying 49% of Intel ... maybe. Intel's outstanding Market Cap is current ~$88,600,000,000. (4,377,000,000 outs…

What part of any plan they have had tells you they are likely to stop losing money any time soon? They are basically selling for asset price right now...because the market doesn't believe they are worth more than their assets.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#117
post #92

Earlier quoted context omitted.

... is that not a thing that already happens?

Mostly not, because they are all 100% on board. They have shown cabinet meetings where they all take turns effusively praising him in the most sickeningly sycophantic way, though.

He went through a half dozen attorneys general, because they wouldn't do what he wanted, and the thing driving the stock market crazy lately is the persistent rumor he's about to fire the chair of the Fed, whom he appointed.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#118
post #75

Earlier quoted context omitted.

I'm not sure they're convinced that every idea is brilliant. They're convinced that they have to convince everyone else that every idea is brilliant, because if they don't, everyone else will wake up and realize that many of their ideas are in fact not all that bright.

I don't think at this point it's safe to say that they are actually playing 3-dimensional chess. There is plenty of evidence that indicates that they are stupid enough to believe their own bullshit.

It seems like the tariffs are at least one-dimensional chess. The supposed rationale for the numbers was widely ridiculed, but now it’s clear that the numbers didn’t matter as long as they’re large. The tariffs have no rational basis as tariffs, they’re just a convenient stick for extortionate demands like this one.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#119

Tariffs kinda make sense when you have a deficit in a widely available item. Big trade deficit with Bangladesh? Sure you can buy cheap textiles from Thailand or Vietnam or something. Unfortunately this approach does not work when you lack a viable domestic alternative and you're up against a monopoly. What will the US do if TSMC does not blink? Not buy TSMC made chips? Obviously that is impossible, so the logical con…

> Not buy TSMC made chips? Obviously that is impossible Why do you think that? Trump clearly wants them to use Intel's 18A which is likely similar to TSMC 2 year old N3P, which is not an impossible option.

The same 18A that their CEO is axing?

https://www.reuters.com/business/retail-consumer/intels-new-...

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#120
post #115

Earlier quoted context omitted.

Been working for a long time just like that though.

The amount matters a great deal IMO.

Visibility is the difference.

It happened before, and perhaps even worse (more competent people were corrupt).

Now, people are just making it public.

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