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Can’t say it’s a bad idea. In the (hopefully) unlikely event China ever makes a move on Taiwan, it would give Korea’s initiative some huge demand from every tech sector in the West.
Keep in mind, though, that TSMC is a core part of Taiwan’s strategic defense plans. They’re not likely to sit on their laurels and let another country take their crown away.
Which is good right? Fosters both competition and market resilience.
In the context of Taiwan themselves, and their desire to remain (in practice) sovereign and territorially independent: nope.