Re:China hires over 100 TSMC engineers in push for chip lead...
by magicsmoke on Wednesday August 12, 2020 @08:49PM
(#24138880)
And from the perspective of the labor, what good are your highly specialized skills on a million dollar machine if you don't have a million dollar machine? Your only choice is to work for the few companies that own one and take whatever pay they offer you to try and make up for the decade+ of lost income from grad school.
The existing chip manufacturers are sufficient to supply global demand, creating more competition there is pointless from an economic perspective. It only makes sense from a national security perspective.