Experts Say China Chip Hype Overblown; U.S. Must Bring Manufacturing Home Despite Costs

Western analysts claim China is catching up in semiconductors, but evidence suggests it's exaggerated political hype by groups like Effective Altruism.

China has gained some chipmaking know-how through IP theft and joint ventures, but still lags far behind the US and Taiwan.

The West's "weightless" economic model of offshore manufacturing has left us dangerously reliant on China.

We must re-shore manufacturing capabilities, even if it means higher prices, for national security reasons.

Comparative advantage theory fails in superpower competition; securing supply chains trumps Ricardian efficiency.