US media usually exaggerate their own initiative (e.g., CHIPS act) which predictably floundered (see TSMC fab delays, Intel layoffs/reduced capex, US revenues down) , and exaggerate China's collapse (e.g., 5G mobile blockade, DUV bans, memory bans) which unsurprisingly overcome by Huawei, SMEE, YMTC, and (inevitably) CAS for SSMB/LPP EUV.
Western news is generally misinformed. Even right now, the West copium is that Kirin 9000S fabbed by SMIC N+2 process only has <50% yield rates so it will be "AT WhaT CoST???" low profit, highly costly chips, whereas we know from reading this thread the yield is above >70% and higher, easily profitable. The next cope by saying Huawei phones has "limited appeal" outside China without Google Play store. HarmonyOS AppGallery can install any Google apps...every Android app is available, SMH. Too far gone...
Anyhow if they can keep this up, there perhaps won't be any greater corporate comeback story in history that I'm aware of.
They should make a movie/drama about Huawei overcoming the 5G mobile blockade by the West.
Then add sequel part 2 encore when China overcomes the EUV blockade as well. I'd totally watch this drama/documentary.