> There just isn't enough money for the same number of fabs at the bleeding edge. There definitely is but it will come at the cost of share buy backs and keepi

> There just isn't enough money for the same number of fabs at the bleeding edge. There definitely is but it will come at the cost of share buy backs and keeping share price up which affects compensation of management. Failure to keep the share price up by investing in manufacturing in US will also invite predatory share holders to topple the management. The cult of "free" markets driving wealth growth at the top of the society seems to have trumped strategic common sense.