this post was submitted on 31 Aug 2023
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I find it hard to believe that the US has an insufficient pool of talent available for this project. These companies just don't want to pay what those qualified individuals demand in compensation.
Why would you believe this? The talent is specialized and most of them are already employed by the few dominant market players.
I agree with what you said, but why would the US have fewer available qualified individuals than Taiwan? We have a large population and an effective university system. I think its likely that the talent is available, but expensive.
Taiwan literally had a government intervention to launch TSMCcand developed their university system around TSMC being the crown jewel of employment, while the US has had dysfunctional support for anything STEM that succeeds in spite of itself.