It seems silly to measure short term success in an industry known for "notoriously cyclical" booms and busts. The size of the investment needed to create these

It seems silly to measure short term success in an industry known for "notoriously cyclical" booms and busts. The size of the investment needed to create these manufacturing plants in the US, coupled with the complexity and time it takes to build them, combines perfectly for articles like this. I can't think of a reason that on-shoring chip fabs would be a bad thing for the US - other than the vague threat of China retaliating. Cutting off foreign dependencies in high-tech industries would surely be beneficial in the long term.