Apple supplier TSMC says it has discussed moving chip fabs out of Taiwan but such a move impossible

TSMC

Major Apple supplier TSMC, the Taiwanese contract chipmaker whose major clients include Apple and Nvidia, said on Tuesday it had held talks with some customers about moving its chip plants off the island as tensions mounted with China, but such a move would be impossible.

Faith Hung, Max A. Cherney, and Ben Blanchard for Reuters:

Tensions between China and Taiwan have increased sharply since Beijing launched war games around the democratically governed island last month following inauguration of Taiwan President Lai Ching-te, who Beijing denounces as a “separatist.”

“Instability across the Taiwan Straits is indeed a consideration for supply chain, but I want to say that we certainly do not want wars to happen,” Taiwan Semiconductor Manufacturing Co. Chairman C.C. Wei told reporters after the company’s annual general meeting.

He said it would be impossible to move chip factories out of the island, given that 80-90% of its production capacity is in Taiwan.

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MacDailyNews Take: Nothing is impossible, especially if/when confronted with no other recourse.

Note that TSMC’s entire annual operating expenses for 2023 were $40.5 billion. Apple just announced $110 billion in additional stock buybacks. Apple’s 2018 buyback plan totaled $100 billion. In 2021-2023, Apple’s buyback plans amounted to $90 billion each year. Again, if/when push comes to shove, nothing is impossible.

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15 Comments

  1. “Nothing is impossible.” MDN once again prove themselves to be real Americans.

    Depending on the outcome of the U.S. presidential election this fall, if a handful of Dem districts again stuff enough harvested “Biden: ballots into swing state drop boxes, TSMC’s Chairman could learn soon enough that MDN’s Take is correct as they are “confronted with no other recourse.”

    Hopefully, for the sake of America, Taiwan, and the world, Trump won’t be cheated again and, with America led by President Trump, China will be put back into a box on Taiwan (and other issues).

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    1. how does someone like you get to a point where you 100% believe obvious falsehoods, proven falsehoods, a conman’s con?

      is it that you want it to be true so much (trump won!!!) that you refuse to accept the fact that he lost?

      that’s a different issue than speculating about what might happen with a trump 2nd term, but it’s just nuts that people continue to believe he won an election he lost (and despite his own attempts to cheat).

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      1. You must swallow a lot of MSNBC, CNN, NYT, ABC, CBS, NBC legacy media propaganda. Try broadening your horizons.

        So, you actually believe that Biden got 12 million more legitimate votes than Obama’s then-record 69M total, got 7 million more than Trump 2020’s then-record 74M, but lost half of the counties Obama won, lost over 2,000 more counties than Trump 2020 won, and lost 17 of the bellwether indicators that Obama and Trump 2020 won? And that Biden – Joe Biden, from his basement – won with a record 81M votes while perplexingly losing House seats (Obama and Trump 2020 both won and won House seats along with their wins)?

        Mathematically impossible and everyone with even a partially functioning brain knows it. You’re a sucker. A useful idiot. A pawn. Wake up.

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      3. The “Stormy Daniels Payoff Case,” as it’s known, is just the latest ploy in a long train of lawless gambits starting with RussiaGate in 2016 (the “Steele Dossier” and all) that have left hundreds of high appointed officials in the federal bureaucracy (plus many retired from it) liable to severe criminal charges ranging as far as sedition and treason. RussiaGate may have started its life as a typical campaign prank by doofuses in the Hillary Clinton organization, but it turned seriously sinister when it was adopted by the FBI and the CIA to execute a plan to harass and defenestrate the elected president, Mr. Trump.

        With each subsequent prank, to distract from and cover-up their crimes, the same group of officials has committed more crimes, to the point that the federal government now behaves like a gigantic mafia, dedicated to nothing but crime of one kind or another. The Democratic Party has become this mob’s protective order; the old mainstream media its mouthpiece; and the people of this country increasingly its victims. Naturally, these criminals are now desperate to avoid having to account for their crimes, which is exactly and explicitly what Mr. Trump promises to make them do.

        So, there it is: a criminal regime versus the people defended by their outlaw hero. Does the SCOTUS want to aid and abet this gang of criminals — led by the way, and just so you know, by Barack Obama and his Kalorama coterie, John Brennan, Mary McCord and her Lawfare coterie, Hillary and Bill Clinton and their henchmen, and scores of additional DC lawyers, fixers, and judges — or, will the SCOTUS avert an epic crisis of legitimacy by stepping in to quash the ridiculously fake New York case just concluded?

        If they demur in some cowardly blur of excuses, then it’s onto the next truly nation-ending stage of this game. The “Joe Biden” regime would like nothing more than an outbreak of civil violence they can blame on “right-wing extremists.” In fact, they could and probably will gin that up themselves, just as they transformed the Jan-6-21 mass protest against widespread ballot fraud into a “MAGA insurrection.” You are also certainly aware of the sinister millions, mainly young men from faraway lands, who “Joe Biden” imported across the border the past three years. And you might imagine how they could be put to use against American citizens, along with the Democratic Party shock troops known as BLM and Antifa. Summer’s here and the time is right for fighting in the streets. And, of course, even if the SCOTUS puts an end to this latest bit of Lawfare fuckery, the “Joe Biden” crew can always opt to just up and kill its opponent. Nothing is beneath them now. But when that happens, we’ll be in a very different kind of movie.

        ——James Howard Kunstler

        https://kunstler.com/clusterfuck-nation/which-movie-will-it-be/

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    1. Wrong yet again. At least you’re consistent.

      Dark energy and dark matter are not “nothing.” In fact, dark energy pervades everything. The Universe is a high-density environment.

      Nothing truly is impossible.

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      1. Thank you for your reply. Be it dark or light matter is indeed a quantitative something that can be measured as well. One could argue that energy is the diametric opposite of matter and since it can be measured quantitatively it should be considered something as well. This is reinforced by our knowledge that all quantum particles have wave-particle duality. Fair enough.

        There is a third component linking matter and energy however and that is time. We can sort of distinguish time by past present and future and we can measure the passage of it, but we cannot alter it, slow it down or speed it up using energy or matter, at least not with the current technologies at hand.

        The weight, energy, brilliance, volume of the future is an unknown. We can point to it, and to a degree be accurate about it, say that the sun will rise tomorrow morning but of it’s entirety it appears to lack the something of matter and by extension energy but the future is nothing until it becomes the present, thus nothing is possible.

        Then again the idea of time and the future as something is equally valid, black holes can distort time and gravitational fields, research will certainly reveal more as we go along but to the point that even an idea can be considered something.

        The definition I lean towards regarding nothing is this: “Something that has no existence.”
        Even this definition is nonsensical because it states that “nothing” is “something.”

        Still one could argue that the future is nothing because it is something that has no existence at least not until the present time.

        It sure appears to making nothing impossible because it dictates that everything of the universe is something. The common sense drawback of that if that were the case there could be no creation from nothing, it would always have to be from something else. Kinda tosses creation into a Big Bang theological turmoil. Nothing is certainly possible.

        There’s a simulation below showing how the universe is filled with quark interactions but note that there are always areas of the background grid that are always visible.

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  2. I own stock in ASML in anticipation of more advanced chipmaking factories needing to be built, for whatever the reason. Be it capacity or geopolitical tensions.

  3. TSMC isn’t simply an Apple suppliers. They supply many other companies and as such, are crucial to the global supply chain. They not only directly supply computer manufacturers but also indirectly provide materials and components for a wide range of products, from auto parts to zinc. Food, medicine, you name it.

    Because of their significant role in the global economy, TSMC is of strategic importance to America and the rest of the world. This importance is one reason why the United States, among other countries, is likely to defend Taiwan from Chinese aggression. TSMC has the world by the balls and Taiwan isn’t going to let them go anywhere.

    Officially, the rhetoric may focus on defending small nations from aggression and acting as the “good guys” with God on our side. However, in reality, like any nation, the United States acts based on its own interests rather than purely moral reasons. It just so happens that sometimes these interests align with what some people might consider the morally right thing to do.

    I wonder how close Apple could be to building its own fabs had it not been for the Apple Car debacle.

    If China marched into Taiwan and promised no interruption in world chip supplies, man. What a decision to make America would have to make.

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