A nation must think before it acts.
“While unenviable, the stuck-in-the-middle position of TSMC—and by extension, Taiwan’s semiconductor industry as a whole—may at least provide some measure of stability, argues Thomas Shattuck, a research associate at the Foreign Policy Research Institute.
“While TSMC’s current situation is not ideal, being stuck in the middle of a tech war is perhaps the best, most stable situation available for now,” he wrote in a recent research paper, because neither the US nor China can afford to lose TSMC.”