Or that there’s a huge amount of legit demand for mature node chips and it makes sense to own the supply for it.
The 5000 microcontrollers you inyeract with each day, by and large, do not need 5nm processes.
We saw a few years ago how relatively cheap, commodity-grade, low-complexity chips suddenly become vital when you can’t get them and they have unfinished cars piling up at the assembly plant.