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Market size

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Just curious: why was it the wise move to chose the US financially

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Bigger market

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Bigger than China? Really?

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TSMC’s market isn’t nations per se because it’s not a consumer company. Its clients are chip designers, and the biggest ones are all American. US is more lucrative to TSMC than China because US chip designers have much larger global share.

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Oct 29Liked by Tim Culpan

Thanks for breaking down that nuance!

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Yes. Of course. By many multiples

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Are we talking about size of the economy? I just assumed that because China did so much manufacturing, it would be a tougher choice

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