Easily not. But the US has issues. We just have to see, in 1000 years, who manages better. This decade staring is boring. You cannot move mountains in decades.
And in fact, as many a strategy game buff knows, it is rarely a single move or "feature". Even chip industry doesn't exist in a vacuum, it needs trained employees, good management, good regulation... It is all about who can build and maintain a more productive ecosystem, at the end of which is the output of high quality chips.