This is generally true even setting side the "war with China" angle. Intel is a large domestic company employing hundreds of thousands in a very critical sector

This is generally true even setting side the "war with China" angle. Intel is a large domestic company employing hundreds of thousands in a very critical sector, and the government has every incentive to prevent it from failing. In the last two decades we've bailed out auto companies and banks and US Steel (kinda) for the same reason.