TSMC can't get their fab build because they think US workers should be receiving Chinese wages. Everyone is entitled to a share of the money of they build a US fab. Intel is already in the middle of building a completely new campus in Ohio even though they've had a terrible couple years financially and haven't received their subsidies either. You'd think TSMC, the company that makes virtually every other companies chips, would be able to front a few billion on their own facility.

Would you rather it end up like Foxconn's Wisconsin deal where the city demolishes an entire neighborhood of homes, kicks the residents out, and gives billions in subsidies only for them to scale back the plant and only hire a couple hundred people to build outdated products? These companies are already absolutely massive and can afford this stuff on their own. The subsidies are just supposed to be a small incentive for doing so, not their primary source of funding.