is the us chips act a real threat to china? i don't think the us chip act is really something that china really worries about, i think what china really worries about is the export controls. because i mean, if you look at the as chris mentioned, the tsmc arizona fab, yes, they are building what is going to be the most advanced fab in america, but when that fab kicks into mass production, the tsmc's taiwan fab already moved on to next generation. so i think tsmc will always keep its most advanced chip—making on the island. so that makes the island indispensable to the rest
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