Short-term thinking. US semiconductor manufacturers would have had a long and prosperous time selling billions of dollars worth of semiconductors to Huawei and

Short-term thinking. US semiconductor manufacturers would have had a long and prosperous time selling billions of dollars worth of semiconductors to Huawei and other Chinese companies. China won't make up its lack of semiconductor manufacturing for a few years to come. But when their time comes, their newer fabs will easily undercut the prices of their previous US monopoly suppliers. And the US semiconductor industry will go the way of all of the other previous 'outsourced to China' industries.