Semiconductor fabs are extremely difficult to master; beyond the technologies and a super skilled workforce, they require highly sophisticated supply chains with literally tens of thousands of specialized suppliers and contractors

It is an entire ecosystem if its own, which currently only exists in the US, Japan, Taiwan, Korea, and Germany; it cannot be recreated in Mexico or India just like that

That inevitably leaves the company with a high cost structure and just two paths forward: transform the product portfolio to focus on the high end of the market where the margins are supportive, or lobby the government hard to get a customs duty protection legislated (CHIPS act investment subsidies are great but what Intel really needs is an import tariff) $Intel(INTC)$