Non-sequitor [1]. AMD not having a fab doesn't mean a EE can run a fab out of their garage.
It may be relatively easier for people to make new chips without needing AMD/Intel (see all of fang company making their own). But it's still companies with lots of money making new chips and not people in their garage.
[1]: https://en.wikipedia.org/w/index.php?title=Non_sequitur_(fal...