It seems that microchips are a major export, a single industry in a country collapsing can cause a lot of damage. From other mentioned articles, it seems like the company was setup to extract all value to prop up another company... not dissimilar from K-mart and Sears stripped of all value at the end. Now imagine that accounts for say even 5% of GDP and other industries rely on that product as well.

I've been advocating for years that US prescription medications should require dual sourcing and at least 50% domestic production purely for security reasons. You can ramp up from 50% with multiple providers a lot easier than 0.