Considering TSMC broke ground more than a year ago on its third fab in Arizona and bought 900 acres of land in January 2026 for additional fabs, these are a little more than placeholders.
The initial inward investment, yes.
But actually spending that investment takes time, as you’ve said above. The bought the land. They have to build the fab, staff the fab and get it functional and producing. And I have no doubt this was costed out and connected to that initial investment. Not from this new plague to invest.
My point is that we’re at a point in time where both people and UEFA USA rooms, whether businesses, state, or other, have accepted that, from the top down, agreements are not adhered to and unilateral u-turns are made on a whim.
The more one parry in an agreement suspects that the other patty won’t necessarily stick to their word, and day may be night tomorrow, the less likely they are to hold the agreement when it becomes slightly less beneficial to respect the value of their own word.
In short, people have always scr***ed other people over, on business and in politics, and the tech industry more than others.
But in the past few years, both the level of the amount of “unreliable actors” and the blatency has significantly escalated.
Trust is at a low. And people and organisation act accordingly in response to that.
Until the tranches of investment do come inward, once it is actually Sieny, then, realisticly. it can’t be assumed that it’s a future fact that it will actually happen.
There are many many things that would take a plague of future investment off the table.