Not even temporarily? For national security?
Chip science and technology is as fundamental to national security as powder, shot & shell once was. The USG once ran arsenals where they were produced. If more was needed it was contracted out. The arsenals provided a fundamental level of powder, etc. for national security. One of the most famous everyone probably everyone has heard of - the Springfield Arsenal\Armory.
https://en.wikipedia.org/wiki/Springfield_Armory
This was deemed acceptable in an economy far far more Adam Smith-like then the present one. Massie is showing his ignorance & his deranged antiTrump attitude. Goal for him is just to make headlines rather then accomplish something.
Only problem with this is how to handle any IP for technology that might be developed.
The US government didn’t take over Kaiser shipbuilding, Bethlehem Steel during World War II, Grumman aircraft, North American aircraft, Boeing. They didn’t take over General Motors or Ford. There was this kind of big national security thing from 1941 to about 1945…
I’d like to go through just one day without hearing some un-American thing happening in the name of “national security”.
Let’s say you decide you want to go into the chip business, but the US government owns the other chip manufacturing company. Do you think you’re getting a level playing field? Do you think the government won’t pass protective laws to protect the company that they owned from competition? This is straight up Mussolini bullshit. And demanding that Intel give a cut of the profits from every chip they sell overseas to the US government? That’s just straight up mafia