No one expected that the United States would hand over its chip lifeline to Taiwan. Trump, known for his blunt remarks, directly called the decision made back then ‘foolish,’ and now almost all chips come from Taiwan, which he finds embarrassing. He has not spared the previous American policies, blaming the outsourcing of the supply chain, stating, ‘We all need to bring it back!’ Who wouldn’t feel uncomfortable in this situation? How do you think he will handle it? He forcefully ties it to politics—this is not just simple criticism, but a signal to fundamentally change the US-Taiwan chip industry landscape. Merely shouting slogans is not enough; he had already hinted in an interview with CBS that in two years, the US could reclaim 40-50% of the market share, with chip giants returning to the US, all thanks to preemptive tariffs. If this strategy works so well, why bother with the chip act? In contrast, Taiwan has been highlighted as the global leader in chips, a status that is both flattering and concerning. While receiving praise, there is an underlying anxiety—what if one day the US really moves all core technologies over? Can Taiwan, the primary stronghold, remain stable? The industry is gathering, yet the sense of security is diminishing. There’s also a significant development. TSMC’s US subsidiary just released its quarterly report, showing a profit of only 41 million New Taiwan dollars, down from 42.32 billion New Taiwan dollars last year, a significant drop. Clearly, the Arizona factory is set to start operations next year, but construction depreciation and various costs are skyrocketing, making profitability increasingly difficult. They seem to be losing out before even landing big orders; one wonders what they are thinking. Trump’s calculations are clearer than ever. He essentially states: high-end goods like chips and AI must be controlled by us, while cheap goods like clothes and socks can be produced by others. This way, Americans can buy cheap goods without losing their brains or wallets. After all this, the chip drama resembles a political tug-of-war, with various parties clashing over their interests. In this top-level verbal sparring, who dares to conclude who the winners and losers are? The ‘chip solo’ appears glamorous on the surface, but in reality, it is fraught with danger. Whether the US can achieve its goals and whether Taiwan can maintain its advantages is far from certain.