> I am still amazed by the shortsightedness of how these critical and strategic goods are off-shore.
You're not half as amazed as Xi is.
> Yes, it will raise prices in the short and medium-term,
Right now we have cutting-edge fabs in Taiwan and Korea. If we were to follow your recommendation, we would also have them in PRC, USA, Japan, Germany, the UK, India, France, Italy, Canada, and Russia, at least. In fact, that's more or less how things used to be. The difficulty is that this would mean increasing world fab investment by a factor of 6, which would probably make them all unprofitable until chip prices also increased by a factor of 6. Permanently.
However, there is still one country that uses this policy: North Korea.
You're not half as amazed as Xi is.
> Yes, it will raise prices in the short and medium-term,
Right now we have cutting-edge fabs in Taiwan and Korea. If we were to follow your recommendation, we would also have them in PRC, USA, Japan, Germany, the UK, India, France, Italy, Canada, and Russia, at least. In fact, that's more or less how things used to be. The difficulty is that this would mean increasing world fab investment by a factor of 6, which would probably make them all unprofitable until chip prices also increased by a factor of 6. Permanently.
However, there is still one country that uses this policy: North Korea.