You let them fail because that ensures that everyone else in the economy fixes their shit and stays competitive. America developed more world class successes, by getting out of the way and letting badly run firms fail.
Especially since NVIDIA is a competitor.
Isn’t that exactly what the “too big to fail” bailouts were, in practice?
US needed functional railroads and they took over the rr companies.
Unfortunately, this is in a country that China is threatening to takeover while building the largest bomb shelters and field hospitals right across the strait.
China is forcing us to invest kind of like they are forced to prop up Huawei to make GPUs for deepseek. Conflict makes irrational actions happen.
Not true. Intel failed because it failed to deliver its own products on its own timelines.
TSMC was behind until Intel failed on its own. No government’s involvement changed things.