For the "can" part, looking at the numbers, it looks possible.
If I take TSMC, they have:
* $73b revenue
* $32b income
* 73000 employees
(2022 numbers from wikipedia)
That's a really high margin, and a really high revenue per employee. This means there is probably room to accommodate for higher wages.
The concern I have revolves more around the US work culture. Employees tend to switch company frequently. Given how critical institutional knowledge is for running these fabs, this is a handicap.
I also cannot shake the feeling that the lack of regulations regarding working conditions might also be detrimental. Better regulations and compensation rules regarding night shifts or on-call for example could improve things greatly and attract far more workers in this field.
> The concern I have revolves more around the US work culture. Employees tend to switch company frequently.
It’s not just cultural and it’s hinted at in the second part of your comment. Lack of regulation in employment means you’re penalised financially for staying in one job. Most employees have little say in their pay and conditions.
Employees wages are rarely commensurate with the value they provide to a firm.
If I take TSMC, they have:
* $73b revenue
* $32b income
* 73000 employees
(2022 numbers from wikipedia)
That's a really high margin, and a really high revenue per employee. This means there is probably room to accommodate for higher wages.
The concern I have revolves more around the US work culture. Employees tend to switch company frequently. Given how critical institutional knowledge is for running these fabs, this is a handicap.
I also cannot shake the feeling that the lack of regulations regarding working conditions might also be detrimental. Better regulations and compensation rules regarding night shifts or on-call for example could improve things greatly and attract far more workers in this field.