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I don't buy this for a minute. It's very easy to train people to work in factories and there are lots of Americans willing to do it if the pay is right. These companies are just complaining so they can get more federal handouts to offset the higher labor costs of onshoring.

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These are not those kinds of factories, and it's not 'easy' to train for. And Americans are surely WILLING to do the work, but have no idea how.

If it was so goddamned easy to build a chip fab, they'd be all over the place - everybody needs them, and they're extremely strategic.

Is it that the work is impossibly skilled or that there’s only so much demand to go around and the capital costs to build a state of the art fab is just astronomically high?

I think it's a lot of both.

Like fighter jets - they're very, very hard to fly and also expensive to build and maintain.

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