How does Govt picking winners and losers going to help?
Intel is no Too big to fail Bank. Why save Intel of all chip manufacturers? Wouldnt it be like 25 years too late, with Intel and its heydays !?
Would Govt now ensure parity by investing in "marquee" entities across different industrial domains?
It's the only chip manufacturer "left" in the US. The argument is national security: the US expects China to invade Taiwan and this will kill TSMC in the process.
Whether this will happen or not can be debated, but this is what the government expects.
Lookup Elbridge Colby - served in first Trump admin and now Undersecretary of Defense. Along with Hegseth and JD Vance, they are all that same line of thought
https://www.youtube.com/watch?v=LMRYvl2Jefg
Hegseth on China
https://www.defense.gov/News/News-Stories/Article/Article/41... https://edition.cnn.com/2025/03/27/asia/pete-hegseth-asia-to...
I don't think the views of all the "high level strategist" types align precisely. But there are very few true isolationists like Rand Paul in the executive branch
I find it doubtful that the current admin would just let China walk in to Taiwan. Trump doesn't want a war, but he's not going to want to get bent over and make the US look weak either.
And its not all that different from Democratic position, its a bit of "Washington Consensus" type of situation, like anti-Communism was during the Cold War. The approach between admins is slightly different however, and the Trump admin doesn't like Europe all that much.