Absolutely, however playing catchup in the semiconductor space is far easier said than done. Even intel gave up and started using TSMC to lay their newer nodes. So long as TSMC maintains its R&D lead they have that trump card.
I think you’re onto something there though. There has been a push in the US to onshore chip manufacturing and the situation with Taiwan is a huge motivator.
When they’re done with you they don’t just destroy your life, but your legacy too. To serve as a warning to anyone else thinking of betraying them. That’s tradecraft.