Hi Popeye, RE this quote:
What’s the most important place in the world for technology? It’s not Silicon Valley but the tiny island of Taiwan. Through savvy (and steady) R&D investments since World War II, Taiwan and South Korea"
TSMC is establishing foundries in USA and has just announced another for Japan IIRC. From an investment point of view, its a good risk hedge against China and what i believe is their ambitions to secure that territory along with the IP associated with entities such as this.
For more reading check out AMSL, a Dutch company that is tributed with being at the point end of chip manufacturing technology.
https://www.economist.com/business/2020/02/29/how-asml-became-chipmakings-biggest-monopoly
https://www.economist.com/business/2019/06/08/the-technology-industry-is-rife-with-bottlenecks
Regards
Moto
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