Technology
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TSMC doesn't care about preserving anything. The chips being made in Taiwan is their ace card in getting western support. If they ever started making cutting edge fabs elsewhere then their importance to the west would fizzle.
It still serves as an unsinkable aircraft carrier off the coast of China
There's some truth to that, but realistically speaking I think the window of opportunity on that has closed now. The US has lost every one of their own war games against China in South China Sea. So, if China decided to take military action there's little the US can do short of starting a nuclear war.