I thought ireland and a couple of other countries are stepping up quite a bit recently? I know they have been at the forfront of the EUs efforts to start building chips and have been doing so last 10 years to start scaling.

Just did a search, looks like its going to happen: https://wallstreettimes.com/intel-foundry-5-billion-ireland-chip-manufacturing-2026/

This level of demand is not sustainable

Totally agree!