Building the infrastructure is a huge expense. A lot of that is getting paid when they start to break ground. That doesn’t mean things can’t fall through, but most of the time when land is purchased and they start building on it, things will complete.
Even then. I won’t be excited until any of these supposed foundries are actually producing chips.
Building the infrastructure is a huge expense. A lot of that is getting paid when they start to break ground. That doesn’t mean things can’t fall through, but most of the time when land is purchased and they start building on it, things will complete.
Depends what level of “building”. I have seen land bought, stripped, foundation prep work started, then all the sudden the plug is pulled.