Andrew Grove, in his later years, held the same view. He explained essentially everything we had seen till then and since: the decline of US semiconductor manu

Andrew Grove, in his later years, held the same view. He explained essentially everything we had seen till then and since: the decline of US semiconductor manufacturing, the loss of talent, critical dependence on foreign nations and companies, etc. It turns out you can't cherry pick the intellectual work and fob the rest off on foreign supply and still maintain global leadership and domestic prosperity. The whole stack must be at least competitive domestically. Only trade policy can achieve this.