The problem is AMD doesn't do their own manufacturing anymore. Intel is the only large scale CPU manufacturer left in the US. That's of strategic national importance. You should want them to be good (assuming you're American, or really, not Chinese).
I'm not sure what China has to do with anything - China's fabs are stuck at 193nm wavelengths - while TSMC (Taiwan)/Samsung (Korea)/...(whatever other customers ASML has) are at 13.5nm... they're a literal order of magnitude behind and produce no high performance chips of commercial relevance.