US household assets are fairly well distributed between real-estate and equity markets. China for example previously had ~70% of its household wealth tied up in real-estate, which has suffered enormous declines over the past four or five years.

That said, there's no question that US households have grown fat on the massive expansion of the tech giants. A one trillion $ market cap was shocking not long ago, now you've got Apple and Nvidia at $4-$5 trillion, each about as valuable as China's top 25-30 stocks combined. The US wealth base is highly exposed to a PE multiple compression event, which is likely whenever the bubbly valuations centered around the AI boom reduce.

Also to put a reference figure on it, China's top 500 stocks are roughly worth $11.5 trillion. Nvidia + Apple are worth a combined ~$9.6 trillion.

▲

jiggawatts 4 hours ago | parent [-]

Both NVIDIA and Apple derive much of their wealth from off-shored manufacturing to… drumroll… China! (PRC+ROC)

If China decides to take over Taiwan and nationalises TMSC, redirecting their top tier silicon to 100% Chinese companies then what are the American firms worth?

▲

HWR_14 4 hours ago | parent [-]

If China takes over Taiwan, TMSC's assets are being reduced to rubble before Taiwan's first shot back.

▲

sitkack 3 hours ago | parent | next [-]

Which is why Taiwan is safe until china can produce domestically because their power comes from exports.

China is not going to sabotage themselves like that.

	▲	tyeaglet 3 hours ago \| parent [-]
		I thought Taiwan is safe until the US can produce domestically, no?

▲

jiggawatts 2 hours ago | parent | prev [-]

> reduced to rubble

By whom?

China would be mad to destroy the most valuable building on that island.

I doubt Taiwain would bomb themselves.

I can't see anyone in the US acting like this either.

	▲	oasisaimlessly 7 minutes ago \| parent [-]
		https://news.ycombinator.com/item?id=40441650 "TSMC EUV machines equipped with remote self-destruct in case of invasion"