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To think that Intel and Samsung recently made the news with their $20b [1] resp. $17b [2] investments...

[1] https://news.ycombinator.com/item?id=26631041

[2] https://news.ycombinator.com/item?id=26094524

I think those two were newsworthy because of the location of the fabs (US) rather than the cost.
I hadn't thought of that, but I believe you are right.