Chip manufacturing is the technology America let get away. Silicon Valley’s early pioneers at Fairchild Semiconductor and Texas Instruments, Intel and Motorola had pioneered chip technology and changed the world. But over the decades, those companies and others, in a series of separate profit-driven decisions, gradually moved production overseas without much thought about the national security implications of becoming so dependent on the supply of chips from a single vulnerable island off the coast of China. It was assumed that, like oil through the Strait of Hormuz, the chips would just keep
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