US Semi co.s committed suicide by training Engineers from competing countries. Where would TSMC or Samsung be w/o many hardworking technologists who got their education & work experience in the US - starting with Morris Chang ( ex TI ) himself.
I guess the main idea is that we jettison all our manufacturing and services ultimately only holding brands for which a small number of people will collect royalties. Unfortunately this will be a bad trip: the majority out of real work will eventually get poor, hungry and angry so they will string the rich minority high; the foreign manufacturing nation will stop paying anyway since if all the actual wealth creation goes abroad then eventually they will develop their own consumer market and be able to afford military on par with (or better than) ours...
Russia may have lower taxes but that usually is offset by the necessary bribes, extortion and outright theft. Trust me.
As for China I have been there and I still hold my judgement, it is still a communist country and it shows and feels. It still may collapse or explode in our faces ...
You mean these companies are unpatriotic. After all it is OUR government, is not it? Yes I blame them and if they move the manufacturing abroad there should be a punitive tariff on their products entering this country. Unless we want very small government, Somalia-style anyone?
without there own Customized Chips that differentiate them from likes of HP, intel, Dell & other Server vendors, IBM System business will fall too, and their software business is dependent on selling Servers. All in 1 bundle.
I don't see IBM getting out of making their own chips in near future,
IBM Still own an 8" inch Fab in Vermont, that still makes profit..
I am pretty sure they can make it work on their 300mm Fab as well.
IBM hires and fires Engineers on a regular basis, This is just part of the cycle. Number of IBM Designers, process R&D and IBM research engineers still working will surpass lots of other companies.
With fab cost skyrocketing, there is no way that IBM internal need enough to justify its own fab. I bet that total annual wafer from IBM fab is way less than Wafers Qualcomm acquires from TSMC. It will be much cost effective for IBM just simply uses TSMC.