this post was submitted on 20 Dec 2023
277 points (96.0% liked)

World News

39000 readers
2355 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] VentraSqwal@links.dartboard.social 7 points 10 months ago (2 children)

Thank God they're finally building some chip plants here. The fact that our whole economy depends on some foreign island next to a huge country that has always hustorically threatened to take it back is insane to me. Although I think we should have more manufacturing in the homeland in general. Thanks capitalism, for off shoring manufacturing for the last many decades -_-

[–] maynarkh@feddit.nl 9 points 10 months ago (1 children)

TSMC is just the end of a long supply chain of one-of-a-kind suppliers, all conveniently aligned with the West. TSMC does not make the lithography machines, the Dutch ASML is the only company that does (though they have some plants in the US now I think). Even so, ASML would be dead in the water without Swiss Zeiss optics.

The US' strength was never autarky, but global trade. The reason the US economy is so resilient is because most US dollars are not in the US, but in reserves across the world. That means even the US currency is intertwined with global trade. If the US attempted autarky, it would collapse both the US and the world economy. That's why Trump's policies were beyond stupid by the way.

[–] LaLiLuLuCo@lemmy.ca 3 points 10 months ago* (last edited 10 months ago)

Zeiss is German. The Semiconductor supply plant is in Oberkochen.

[–] Rolder@reddthat.com 3 points 10 months ago (1 children)

It’s a pretty interesting story where Taiwan decided to invest enormously into chip production so they could use the economic benefits to shield themselves from China. Worked pretty well eh

[–] someguy3@lemmy.world 1 points 10 months ago

It was a gamble to focus on fabrication only and not include design. It payed off but it was a gamble.