It comes down to the old managerial quandary of "Do we buy-built? It'll be cheaper and faster, but keeps us dependent on others" or "Do we build our own? It'll

It comes down to the old managerial quandary of "Do we buy-built? It'll be cheaper and faster, but keeps us dependent on others" or "Do we build our own? It'll be slower and more expensive, but we won't be dependent on others, and we may be able to compete and recoup our expenses." Most managers prefer to buy-built wherever they can. It's more efficient. But they are happy to 'Build our own" whenever forced to, as they will get the advantages further down the track. The US complains that China doesn't buy enough US exports from them, but bans the Chinese from buying the stuff that they actually want. That's short-term thinking. China would be quite happy to keep buying cheap US semiconductors, US semiconductor companies would be very happy selling billions of dollars worth of chips to China. WIN-WIN. China is now forced to 'Build Their Own'. They will do that. Their fabs will be newer. They will cover their own requirements first, then compete with the US chip manufacturers who previously held a monopoly. And the net result? US semiconductor chip manufacturing will go the way of US auto manufacturing, US textile manufacturing, US paper manufacturing, US steel manufacturing, etc.