Yes, this is exactly what I have been saying for some time now.

If you really wanna trust your electronic devices, you gotta build them yourself. That means etching the silicon and writing the software. That is why it’s actually reasonable that countries like China want to manufacture their own chips.

That is a really good article! About the only step in the software distribution/verification process it didn’t go into was the “Ken Thompson Hack,” but other than that it was incredibly detailed and comprehensive.