Erik Bethel

One of the justifications for that was that he's gonna take Taiwan.

And so the narrative in China and the narrative of the Chinese Communist Party is there is no other way to govern China.

Historically, the historical precedent is that in millennia, we've always been governed by authoritarians.

because it's impossible to govern the Chinese people any other way.

And over here, you've got Taiwan in a thriving, messy democracy where the GDP per capita is higher than it is in mainland China.

Now, again, small place with a lot of wealth, with a relatively small population.

But the point is, the fact that Taiwan exists is a loss of face to the Chinese Communist Party.

It must go.

Does that make sense?

Makes sense.

Well, look, I think it's important for us.

And I'll give you a few reasons.

The day Taiwan goes,

is the day that the CCP tells everyone the emperor has no clothes.

The United States military might could not hold Taiwan.

And if we pretend that we are beacons of freedom, I mean, if we wanna be beacons of freedom, we can't just pretend that we're gonna let this island of 25 million people become absorbed by communist China.

But there are a lot of implications, and we can talk a little bit about those.

But for me, aside from the fact that TSMC, that produces 60% of the world's chips, and I guess 90% of the high-end ones, that is either going to go

to the Chinese or all of those fabricator, all the fabs are gonna basically get blown up and all the engineers move to the US.

In either of those two cases, you have to ask yourself, well, gosh, if the semiconductor manufacturing isn't being done by TSMC, what does that mean for Nvidia?