As I mentioned about this before [0], this is a compound semiconductor fab - a very critical bottleneck for European industry and a much more worrisome NatSec issue than sub-14nm logical chip fabrication or arguably even AI.
This is not directly related to AI or logical compute, so kvetching about GPUs, SoCs, TSMC, AI, and other buzzwords is dumb.
I would also like to see local PCB manufacturers - pcbway etc like. Modern production facilities might even be locally competitive given the amount of automation that can be had.