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> cooperate to outpace and then surpass the private sector in a chip fabrication project

You move to seize it. ASICS are manufactured in China and among American allies.

Seizing overseas fabs to attack a private industry would be a historically unprecedented, diplomatically suicidal move. It wouldn't stay secret for more than an hour, and they'd have to stay and operate the fabs for years to manufacture enough chips. Then of course while that's happening, the rest of us would use that time to prepare a mitigation, not sit around on our ass for 5 years waiting.

But sure, I guess they could try.

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