I expected this! There seems to be hesitation for new 300mm fabs since the downturn. Companies rather invest in upgrading and ramping existing fabs. But upgrading tech nodes can not compensate for increasing demand long. Some of the leading edge companies face the questions: invest in new 300mm fab or wait a few years to get into 450mm?
Let's give some credit to Intel. It is making an effort to create jobs in the U.S. (and elsewhere.) Intel is also not flexing its muscle on game shows. It is trying to create jobs and keep manufacturing alive in the U.S.