It's long overdue. TI, Micron, Google, Apple, Microsoft, Applied Materials, and ASML all have major R&D, operations, and/or manufacturing presence in Taiwan for obvious reasons.
Intel has been all over the place except in Taiwan. If Intel can do so much in Ireland and Israel, why they did so little in Taiwan? Do they intentionally avoid utilizing engineering talents in Taiwan?
Some people might worry any possible CCP's attack on Taiwan. But for more than 70 years there's no any single bomb or missle landed in Taiwan.
On the other hand it's interesting to see that Intel isn't worry anything about their fabs in Israel at all. Even there were 2600 rocket attacks on Israel in 2018 and 2019 alone.
Taiwan is a great customer of Israeli arms industry. A new series of missiles that can reach Chinese cities and carriers are in production. Taiwan is developing deterrents.
Taiwan wants their freedom and will.to work hard for it and make the financial sacrifices.