@DarkStar bro from the article, I'm no expert compare to professor Willy Shih but on this one with the bold part I may question his statement, IF TRUE (
country’s skilled workforce) then how come the Americans need to persuaded (forced) TSMC who has the core competency to established a FAB in Arizona instead of Intel which has access to the world talent pool to produced the 5nm chip. And from what I read most of the critical equipment (
tools needed to make cutting-edge semiconductors.)needed to fab a 5nm came from Taiwanese semiconductor SME, they had to ship the whole thing from Taiwan to the US that escalate the cost and may delayed the scheduled opening. And one last thing most of those skilled workforces will be imported and training the locals may take years making the project a costly affair. Aside from subsidies (carrots) the reason they comply is due to threats (stick).
Harvard Business School professor Willy Shih, who studies semiconductor supply chains, calls those threats hot air. Regardless of what the US government offers the companies, manufacturers are almost certain to follow through on their plans to build factories in the US to take advantage of the
country’s skilled workforce and to be close to specialized US equipment manufacturers that churn out many of the
tools needed to make cutting-edge semiconductors. “But if they can get government subsidies, are they going to try to do it?” he said. “You bet.”