Very true. However there's only a very slim chance that they'd get TSMC out of that. Taiwan has made it pretty clear that they'd rather destroy TSMC than let it fall into PRC hands. Since they don't have nukes, holding a large portion of the global semiconductor supply change hostage is a very large part of the power they wield geopolitically.
ironically, Taiwan falling to the PRC probably makes the US the inheritor of at least down to TSMC's 5nm node. That DoD backed foundry in Arizona then being orphaned would probably mean it either spins off as a US company or goes on the market in some backroom deal.