Part 9/10:
Public sentiment surrounding TSMC’s U.S. expansion remains mixed, despite major support from American clients like Apple and Nvidia. While many believe it strengthens U.S.-Taiwan relations, doubts persist regarding the U.S.'s commitment to defend Taiwan amid rising military aggressiveness from China.
Conclusion
The updates highlighted today illustrate a complex interplay of economic distress within China’s property market, Xi Jinping's aspirations for China's role in the global economy, and the significant shifts in the semiconductor industry that could reshape geopolitical alliances. As China grapples with these multifaceted challenges, the landscape ahead remains uncertain, particularly as global economic nationalism reshapes trade dynamics.