It’s even more interesting because a big supply chain problem during Covid were related to old chips used in tons of mechanical engineering products, like cars. Given that experience you could argue that the old fabs are much better value for money for resiliency.
Asianometry just released a video about this: The EU Chips Act is a Failure [0]
Definitely the most cynical video he ever released.
- [0] https://www.youtube.com/watch?v=eqoX9OIR-DI
Is cynical? I see lot of mocking in the comments but the video is basically saying to focus on the uncool older stable stuff and use that for stability. The very not recommended path there is to jump on hype of AI chips and fund some random Mistral AI chips.