But it wasn't build and opened due to the recent shortage, it was planned since quite a bit longer for fulfilling a more general, stable demand.

Same with Intel's new Arizona plant which began construction recently, it is not a reaction due to the current shortage, but to improve USA's domestic access to high-end modern semiconductor tech and due to Intel's shifted business plans to provide fab services for others.

So, while there will be semiconductor plants opening, they won't cause a bull-whip-effect. The need is more permanent for those fabs, and they're planned since years.

Intel just broke ground on a $20bn plant in Arizona.