As long as there is no single step that requires more than 20 simultaneous workers, I don't see why it's not solvable with these 20 people.
Either way I think that lots of machinery has to be supervised 24/7 and they can work only 12h a day per rules so they would probably be left with only 10 simultaneously active workers. With 10 workers I would say it's just impossible.
Or, is your argument that the tasks involved in building an 8086-level computer and prerequisites are not serializable?
I think the top answer radically understates the difficulty of the problem; not only would they need to build all of those things, they would need to build the tooling to build the components needed to build all of those things. And for those components, they would need to build the tooling to build the components used to build the components, and so on.
Honestly, I think that even semi-accurately estimating the complexity of the work to be done would be months of work. To actually do it with 20 people, hundreds of thousands or maybe millions of years?
Similar things are likely true in other steps given that we would have access to a huge breadth of “recipes” for rather-more-optimal chemicals (e.g. doping agents, etchants, electrolytes, etc.) than we started off trying. The reagents of these chemicals frequently don’t take any more effort to dig out of the ground than the ones for the less-efficient products; and they don’t take more sensitive or well-sealed equipment to react together, either. They just took sensitive, well-sealed equipment to discover, or were only accidentally discovered as byproducts or other processes we ended up only starting later on (like petroleum distillation.)
At that point, the "you have to build manufacturing machinery to build more manufacturing machinery" gets close to being exponential, and you will spend double the time just to get past the critical mass of IC controlled machinery to do something that looks like a nineties era fab complex.
First ASML steppers required close to no complex parts: nearly fully analog/mechanical they were. The last gen ones however require megatons of electronics, and manufacturing facilities the size of football stadium for nearly every complex part.
You need nineties level for doing useful things that matter: monte carlos, FEM, CFD, molecular kinetics, nuclear physics etc
[1]: http://dmitry.gr/?r=05.Projects&proj=07.%20Linux%20on%208bit