By that time it'll be far from bleeding edge. The Taiwan fab will be close to N2 while the Arizona fab will be able to produce 5nm generation chips, that'll be 4-5 year old tech then.

Similarly Intel just announced a new partnership to accomplish similar. Also in Arizon:

https://money.usnews.com/investing/news/articles/2022-08-23/...

That is funny we are literally about to run out of water over here in AZ.