You couldn't be more wrong if you tried. There is massive global surplus of chips. In particular memory chips.
https://finance.yahoo.com/news/samsung-elec-flags-96-drop-234459931.html
The US is building factories in 'friendly' countries because they don't want to be reliant on Taiwan. It has nothing to do with demand.
Ann: WBT's ReRAM IP now fully qualified in SkyWater S130 process, page-367
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