I predict that within 7 years, the West's semiconductor manufacturing industries will have gone the same way as the West's steel manufacturing industries, texti

I predict that within 7 years, the West's semiconductor manufacturing industries will have gone the same way as the West's steel manufacturing industries, textile manufacturing industries, building supplies manufacturing industries, electronics manufacturing industries, home appliance industries, etc, etc. All out-competed and out-produced by the Chinese. And to think the West's semiconductor manufacturers were the geese that laid the golden eggs when the Chinese were perfectly happy to buy hundreds of billions of dollars worth of pre-built US semiconductors every year. Except that the US politicians banned those sales, and forced the Chinese to start making their own and consequently they will soon be out-competing their previous suppliers. Dumb US short-term thinking.