The government is slowly waking up to how important chips are and how far behind domestic sources have fallen from foreign (mostly Chinese and Taiwanese) sources. That's what the 2022 CHIPS act was about.
These things just take a lot of time, there are tremendous headwinds to fight, and the US government + US media increasingly seems unable to see through projects past the next election cycle.
What folks don't talk about, is that the reason for all the offshoring, is good old-fashioned American Greed™.
Lots of billionaires in the US, got that way, by exporting all their production to China. Because they did it, lots of lower-tier people had to do the same, or go out of business.
Since we worship billionaires, that little bit never seems to get mentioned, as it makes them look bad.
The only cure is to cost some of those billionaires money.
Ain't gonna happen.