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

Desperate measures to save Intel: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief for Taiwan

Pure extortion
I would think TSMC is in the drivers seat here. They could say "not interested in intel, thanks anyway. Tariff away if you want, but we are the only ones that can make the chips you want so you'll pay for it anyway".
TSMC could also counter threaten to close down the newly built TSMC fabs built in the USA as retaliation if new tariffs are put in place.
Playing hardball with the US is suicidal high stakes. It can be done, but the alternative is to be taken over by China. The US will lose tremendously, but Taiwanese won't be happy either under The Poo's leadership.
As of recently the US can’t be trusted at all either.
Yeah it's just a dumbly high stakes game.
TSMC is literally the shield that keeps Taiwan alive. An attack on TSMC foundries is an attack on the most critical supply chains of every western military in the world.
There is no chance they would risk their entire nation and business by getting into that big a fight when there's a potential alternative, even if that alternative is subsidizing Intel's failures.
I tend to agree. I think the US might lean on ASML after that, but they could also tell the US to fuck off.
I read that as ASMR at first. It amused me 😁