BUT - all you then need to do is create a Delaware LLC that buys the strategic stock, which is owned by $SCARY_FOREIGNERS
It could be extremely lucrative if they get it right.
Simply trying to copy TSMC would also be a poor strategy.
Companies have "core competencies" (or should). The manufacture (not design) of high-end silicon has never been one for any of these companies except Intel, and they have just lost big time.
> strategically valuable to the US
Yeah, they don't care.