A TSMC-controlled semiconductor industry poses significant risks. Concentrating leading-edge semiconductor production in the U.S. under a foreign entity could weaken American technology firms by creating a near-monopoly, the former directors believe. While companies like Apple, AMD, and Nvidia rely on TSMC today, they still benefit from competitive pressure on the market that is created by Samsung Foundry and will be supported by Intel Foundry if the latter is a success. Intel presents little competition for TSMC as it has only two production nodes to offer. However, if Intel disappears completely, American firms could face reduced bargaining power, the former directors suggest.