https://www.semi.org/en/news-media-press-releases/semi-press...
Why is it not easy for China to spin up their own fabs? They have a strategic plan / industrial policy[1]. They have the industrial base[2][3]. They have pumping out engineering graduates[3]. †
[1] https://en.wikipedia.org/wiki/Made_in_China_2025
[2] “From 1900 to 1999, the US produced 4.2 billion tonnes of cement. It consumed 4.4 billion tonnes.
China produced 2.4 billion tonnes in 2020, and 2.5 billion tonnes in 2021. This means it produced 4.9 billion tonnes in these two years.”
(China produced more cement in two years than the US did in the whole 20th century)
https://www.sustainabilitybynumbers.com/p/china-us-cement
[3] “China is by far the world’s largest silicon producer, with a production volume estimated at six million metric tons in 2022.
The total production volume of silicon worldwide was an estimated 8.8 million metric tons that year.”
https://www.statista.com/statistics/1260896/china-silicon-pr...
[4] “China awarded 1.38 million engineering bachelor’s degrees in 2020. The comparable American number is 197,000 (144,000 in engineering and 54,000 in computer science), or just one-seventh of China’s total.”
https://asiatimes.com/2022/07/a-tale-of-two-talents/
† You know the way we have this mental model in our heads for the size of the US economy post WWII versus the rest of the world?, we're going to have to update our mental model of the size of China's economy today versus the rest of the world.