It should probably go hand in hand. The US federal government is spending a lot of money on getting fabs to the US. But they also banned ASML from exporting the

It should probably go hand in hand. The US federal government is spending a lot of money on getting fabs to the US. But they also banned ASML from exporting their machines to China. So they're simply doing both. Furthermore, the EU is more expensive than other countries because we have stricter environmental standards and our people don't want to work 50+ hours a week as many in Asia do. Letting Asian countries simply undercut your own homegrown companies because of these two (dis)advantages seems shortsighted.