US firms are hampered by labor laws, hiring quotas, and government contracts that make it difficult or impossible to fire/cycle out underperforming managers and

US firms are hampered by labor laws, hiring quotas, and government contracts that make it difficult or impossible to fire/cycle out underperforming managers and employees. This is doubly, maybe triply true if they're publicly traded. If you want internationally-competitive chip manufacturing companies based in the US without using foreign talent, they needs to operate like SpaceX/early Google/Facebook/Amazon, etc.--brutally competitive, outrageous salaries on the promise of massive expansion, long hours, as close to zero barriers as possible between merit and responsibility, etc. Businesses on the cutting edge of innovation and manufacturing cannot survive the lack of work ethic, competition, and stifling managerial cultures embedded into legacy US institutions.