Comment by scarface_74

$5B wouldn’t be nearly enough to create a leading edge fab. Estimated cost for TSMC is $20B.

China has been trying and failing to build a competitive fab for years, has the rare earth minerals in its back yard, etc and can’t do it.

The second issue is, who exactly is going to use these fabs once they are built. One issue that Intel has is that its “customer service” sucks. TSMC will bend over backwards as a partner. No one wants to work with Intel.

Can you imagine Apple or Nvidia wanting to work with a government owned chip fab?