I don't really understand your question.
Anyone can start a company and tape out a chip even in 5nm. My previous startup did something similar. We used an intermediate company between us and TSMC that specifically works with smaller companies. They (or TSMC) will bundle together 4 to 20 chips into a common mask as a "shuttle" run. Shuttle runs are really only used to get samples for the first version of your chip. You can't really go to production with them because the mask has chips from multiple different companies but this allows all of the companies to share the mask costs (I've heard up to $30 million for 5nm)
What is ST Micro talking about? I assume they can produce chips but can't get the volume that they want. SiFive are probably producing about 2,000 of these chips for development and test boards. ST Micro would be buying in the hundreds of millions or tens of billions range.