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>dreams for onshoring chip supply chain

Depends on what the dream is. Bulk onshoring? Probably not while the geopolitical situation stays on the status quo.

But I don't think that's the attempt we're seeing here anyway. I think what we're seeing is the foundations built for the capability to bootstrap more robust manufacturing in the West if/when China decides that Taiwan really should stop claiming independence, and perhaps at the same time exerts its local power over that entire region of the world and thus South Korea as well.



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