This whole economy by corruption and coercion is not going to work out.
This is how China has been operating since forever. They don't seem to be doing too badly.
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
#132I'm kinda of shocked that chip & many tech companies play ball.. They are a required / no alternatives industry by so much of the USA, with limited alternatives. Is it really more cost-effective for each of these companies to spend hundreds of billions of dollars to avoid tariffs when they could easily pass on these costs because we have no alternatives?
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#133Earlier quoted context omitted.
Of course not. But I think it's also true to say if the US hasn't been willing or able to effectively use its military power at the margin to stop a historic enemy from annexing its neighbours with impunity, your average regional power doesn't have to worry about the US using its military power to dominate world trade.
Nothing will change in the US if Ukraine falls tomorrow. People love to cry foul when the US flexes it's might... then cry foul when the US takes a back seat... literally cry foul no matter what the US does. If Ukraine is so important to the world order, why has Europe (you know, Ukraine's actual neighbors) not stepped up with their full military power? Why is Europe not threatening troops, missiles, aircraft, tanks,…
The US is currently not wanting Ukraine to win for a single reason - it’s personal to Trump. So much has happened that we’ve collectively forgotten that it was Zelensky said “No” to Trump on the phone when wanting to find any dirt on Joe Biden helping Hunter in business deals.
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#134Earlier quoted context omitted.
> I don't see how it can't work at least short term, when the US is by a long margin the world military and economic power. The 90s were ~30 years ago. American economic and military capacity ain't what they used to be, and alienating your allies and friends is starting to look like a poor strategy.
USA spends more in their military than the rest of the world combined. Also the only country which used nuclear weapons of mass destruction. You must fear them.
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#135This 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…
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#136Earlier quoted context omitted.
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.
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#137Earlier quoted context omitted.
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The Roman Empire began with a corrupt Senate murdering Caesar for being a dictator. Based on Rome's history, the surest sign would be for JD Vance to murder Trump, declare democracy saved, and then Trump Jr to become emperor of NATO.
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#138Earlier quoted context omitted.
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…
Why would they buy exactly 49% and not 51% of Intel? If these extra 2% are not available, why buy 49% then and not just 2-5%?
Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief
#139Earlier quoted context omitted.
> 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.
Them? Nvidia and AMD? RTX 7xxx would then be based on an old Intel process? Would buy these?