Sounds like a good opportunity for the US to significantly expand its domestic chap manufacturing industry. I don't care if the lag time is 5 years or more before the first chip rolls off the production lines - because I don't anticipate demand for chips will significantly reduce in the future.

Related, https://www.epsilontheory.com/taiwan-is-now-arrakis/

Development of domestic chip manufacturing might even start to become a national security concern, leading to even more money flowing in on top of the money coming from crypto miners.

This has been going on for half a decade. Yes, it's not as easy as ec2 but it's not a problem that money can't help with solving faster.

TSM is slammed with chip demand from Apple, Nvidia, AMD, Qualcomm, and others. Like, 100% booked for the next year or two. They have been heavily investing in state of the art manufacturing facilities for decades and it's still not enough.

Nvidia is using Samsung for 3xxx series cards