"However, in the long term 15-20 years, I would imagine, China would have fully caught up with the US particularly on semiconductor design and fabrication. Once that happens, the dominance of the US tech stack will start to falter and eventually erode away. "
Are you assuming the U.S. will sit stagnant during these 15-20 years? If China is 15-20 years behind currently, I doubt they will ever be at parity. Their best hope is a cultural revolution.
Are you assuming the U.S. will sit stagnant during these 15-20 years? If China is 15-20 years behind currently, I doubt they will ever be at parity. Their best hope is a cultural revolution.