The Constraints of the Chips Act Subsidies

Even with these types of constraints, we saw some companies announcing new capacity in the US. So is that just symbolic? They announce it because they can get money by announcing it, correct? If you're going to build a factory and somebody's willing to pay for half the factory, you got to pencil that out and see if it's economically feasible at all. A company like TSMC, it probably have to spend $250 to $300 billion to develop a process that would yield that reasonable yield. I don't understand how they think that process will ever make money.