In what way? Entrepreneurs are still failing and then eventually hitting home runs. Steve's full name is still Steven P. Jobs. And the US can still complete as both a low-cost and a world-class manufacturer.
"And the US can still complete as both a low-cost and a world-class manufacturer."
Assuming that you're referring to the type of electronics manufacturing that NeXT was doing at its plant, can you provide any evidence to support this assertion?
Most of that is almost certainly, in part, for tax related reasons. Intel is profitable; profitable US companies want to keep those profits outside the US (see: Google).