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1) There are many ways to lower costs to make US chips competitive.

2) That's simply false.

3) Regulations can be dealt with. This current administration seems quite willing to do away with them.

4) The median age in China is 38 years too. This is an irrelevant point.

5) Rare talent needed for chip manufacturing will still be able to come in even with updated immigration rules.

6) See point 1. Also things are more complicated than that.

7) This makes no sense.

8) Subsidies and advanced automation will help here.