I doubt it would work with a regular woven fiberglass / wet layup because the fabric is not even close to being capable of an air tight seal before it has cured. You could breath through uncured woven fiberglass or carbon fiber.
If you use a vacuum bag over the back of the cf, that would work (in a female mold). It can’t go over the front of the part, as it would in a vacuum forming process that uses a male mold because the bagging film would leave a rippled imprint on the part’s surface.
There are companies that sell thermoforming composites but nothing that would result in a cosmetic 2x2 twill cf part.
At one point I considered using a vacuum forming machine to make quick molds with the intention of reinforcing them (from the back) with a stronger material. It didn’t work very well for me.
I would suggest using the original part you want to copy to make a regular rigid mold (out of carbon fiber or fiberglass). You can then use the vacuum pump from your vacuum forming set-up for a regular vacuum bagging process (assuming it uses a proper vacuum pump and not a diy vacuum cleaner job).
If you plan to experiment with the vacuum forming machine for this, remember the crucial point that carbon fiber and fiberglass have zero stretch. They behave nothing like semi melted vacuum forming plastic that stretches easily over complex shapes when it’s hot.
What is the problem with making a regular female mold?