Which is also why it made good sense for TSMC to dismiss Altman. Some software/crypto/podcast/AI-hype bro shows up and asks for 36 fabs to be build, with no plan for monetizing them. Intel is struggling with their fab business as is, it's a difficult business to be in. Asking for 36 fabs, worth 7 trillion dollars is just absurd. Even if TSMC got the money up front, they'd still be holding those fabs and paying for their upkeep or dismantlement when/if OpenAIs predictions turn out to be wrong.

It's just an insane risk to take on.