May be but...
When Intel was at the top of the world, Intel had huge R&D and core development teams in USA. CA and OR topped processor design and development, while AZ and OR manufacturing & assembly sites cranked out chip$ like no other. Of course, there were many other functions all over the country and the world but "core expertise' was right here in USA.
The question is, are the core functions still in USA or have been shipped overseas? If overseas, what's the plan to bring them back?
Globalization drove huge market opportunities. Worldwide expansion was inevitable. True international expansion means adding more capability to supplement domestic capability to meet increased demand. But too many of our companies "expanded" overseas by shrinking here, both in headcount and manufacturing, In the extreme cases, even core functions moved overseas.
And now we are where we are. Trying to reverse past mistakes with essentially subsidies.
Pat G's return was the best thing that happened to Intel in a long time. Best wishes.