https://www.techpowerup.com/270720/us-aims-to-bring-chip-manufacturing-industry-back-to-its-soil
 
The US is one of the leading countries when it comes to chip design technologies and know-how; however, when it comes to actual manufacturing those designs, it's fallen from grace in recent years. Once the leader in both design and manufacturing, nowadays the US can only claim some 12% of the world's semiconductor production. The rest of it is mainly produced in Asia, where TSMC stands as the industry juggernaut, with other companies stretching across Taiwan, Japan, and most recently (and surging) China - the country has more than doubled its 300 mm manufacturing sites since 2017. This places some strain on the US' dependence from foreign shipments; and the country is looking to bridge that gap in its perceived national interests by investing heavily in silicon manufacturing to be brought back to the country. Recent slippages from Intel when it comes to keeping its manufacturing lead have apparently also instilled preoccupation amongst US policy makers.
 
The US Senate and House of Representatives have recently started converging around a bill that would pour taxpayer money into domestic chip production, laying a framework for $25bn worth of direct incentives to stimulate investment in manufacturing capacity, along with advanced research. This plan has been eagerly supported by Texas Republican John Cornyn and New York Democrat Chuck Schumer - representatives of two of the US states with the highest silicon manufacturing rates. However, it's expected that incentives covering some 20% to 30% of the total cost of any new fab and development investment are required to make the US a worthwhile consideration against other, more established countries with higher incentives, existing support logistics and infrastructure, and cheaper labor.
 
I'm curious if the USA can really build or attract a company to build a new fab, 

Yeah, what GTX said.......

It is certainly good news that America is finally waking up to the need to manufacture domestically. Particularly high tech manufacturing including chips.

The investment required however is far beyond what politicians are acknowledging. We are literally talking into the TRILLIONS of dollars...

But it needs to be done. No doubt about it.

MasterMiner
It is certainly good news that America is finally waking up to the need to manufacture domestically. Particularly high tech manufacturing including chips.

The investment required however is far beyond what politicians are acknowledging. We are literally talking into the TRILLIONS of dollars...

But it needs to be done. No doubt about it.

Goes beyond just investments in money as well... there's an ever increasing level of engineering, technical, and materials expertise needed too and those jobs are not easy to fill.