edit: I guess they don't manufacture their own chips though
edit: I guess they don't manufacture their own chips though
GF was on the leading edge for a long time and even had EUV machines but actually decided to send them back to ASML and stop chasing the leading edge due to lack of capital.
Since then, Intel has been the only US based company on the leading edge.
Then in 2014 IBM "sold" their fab division to GF but IBM actually paid GF $1.5 billion to take them.
10 years ago I worked for a company with less than 2,000 people. We made a chip that was used by a few gigantic companies over 150K employees. There were only 3 companies that made this kind of product. My company tried to sell a business unit with about 200 people to our competitor and get out of this market. Our two gigantic customers went to the US FTC Federal Trade Commission and got them to block the deal over anti competitive concerns. With only 2 competitors these gigantic companies expected that they would have to pay more per chip. They used their influence to get the government to block the deal.
Whether the executive could place a blanket "no export" on all of it without a legal battle is a very different question.
Edit: this is only for whether or not the equipment can leave US soil. Whether it can be sold to a foreign company but stay in the US is a different question (the answer is yes if I had to guess)