Well, isn’t Musk doing something similar with his new solar panels fab?

Frankly it’s ridiculous how we (the West) dropped renewables like a hot potato because it became synonymous with subsidizing China’s dominance in the field.

Now that I look into it, it looks like he is, which is a good thing. For some reason I thought Terafab was like a pie-in-the-sky idea where he was going to do compute in space on satellites or something, but it isn’t that. It’s actually a real fab in the United States and I fully support that even if Elon is a piece of shit.

30 years ago that's how the industry was structured. IBM was the largest memory manufacturer. MBAs spent decades undoing the arrangement you're now suggesting.

fabs probably was low margin business compared to selling Ads before current AI boom.