More than 10 years ago, the "advertising company" Google started making chips called TPUs. So, what is your point exactly here? As an aside, there is a pretty big boom of semiconductor manufacturing in India (in the planning/commissioning stage) based on a government incentive program floated a few years ago where there's a 1:1 PLI matching scheme by the government (eg: $100M of spend will get you a $100M funding matched by the government). This has resulted in companies like Foxconn at one point deliberating [0] entering the semiconductor manufacturing space in India, besides other local high-market-cap companies like Vedanta and Reliance.

[0] https://edition.cnn.com/2023/07/11/tech/india-foxconn-exit-v...