If we are talking about the purchase of obsolete equipment, then yes. If we are talking about the production of semiconductors with 0, then no.
Lack of specialists. There is a critical dependence of the design and production processes on foreign technologies, including software, and materials (in particular, high-purity chemistry and silicon). Low investment attractiveness of the industry. Lack of production capacity.

3.19 trillion rubles will be enough only to buy obsolete equipment. ASML spent $6 billion a year to become an industry leader. But she had specialists, there were no sanctions and there was no urgent need. In the current situation, the amount needs to be tripled.
Media: according to the concept of the national project, 3.19 trillion rubles will be allocated for the development of domestic electronics until 2030
The government has designed electronics
Problems of Electronics 2030: Acute Shortage of Personnel: There is a wild shortage of personnel in Russian electronics. Specialists need good salaries, but there is no chance of their growth
Accuracy 30
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The summit will not take place
Ukraine does not have the ability to stop military operations on its own. Negotiations with Russia are prohibited by law, the new president could lift this ban, but the elections have been postponed until the end of the war.

Russia hopes to end the hostilities with peaceful negotiations, it had the opportunity to kill Zelensky and capture Kiev. The issue will change after the change of the US president to Trump. If Biden stays, the EU will be forced to go to war with Russia.
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Russia, Kyrgyzstan, Uzbekistan and Turkmenistan have agreed to launch a new multimodal Southern Transport Corridor, which will bypass the territory of Kazakhstan. The new route solves two tasks: to avoid obstacles arising on the Kazakh border for goods going to the markets of the Russian Federation, and to transfer part of the cargo flow to the port of Astrakhan. This will deal a blow to Astana's plans to make Kazakhstan a full-fledged transport hub in Central Asia and the Caspian region. The route from China through Kyrgyzstan will become a very serious competitor to the route on Kazakhstan railways.
Russia, Kyrgyzstan, Uzbekistan and Turkmenistan have agreed to launch a new multimodal Southern Transport Corridor, which will bypass the territory of Kazakhstan. The new route solves two tasks: to avoid obstacles arising on the Kazakh border for goods going to the markets of the Russian Federation, and to transfer part of the cargo flow to the port of Astrakhan. This will deal a blow to Astana's plans to make Kazakhstan a full-fledged transport hub in Central Asia and the Caspian region. The route from China through Kyrgyzstan will become a very serious competitor to the route on Kazakhstan railways.

Moreover, this blow to the plans of the President of Kazakhstan is inflicted from the Kazakh side, and not from Russia or Kyrgyzstan. If the transit of goods went without delays, then no one would be against using the territory of Kazakhstan as a hub. Astana's decision not to violate Western sanctions imposed against Russia was only a catalyst for the initiative to create an alternative transport corridor bypassing Kazakhstan
Russia bypasses Kazakhstan from the south
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So far, the United States is only preparing for war, increasing the military budget in 2024. They will not fight on 2 fronts with Russia and China.
The US strategy is to support the conflicting parties, but not to intervene in the war itself

Until the war in Ukraine ends, there will be no war with China.
The head of the CNS of the US Armed Forces admitted the possibility of a conflict with China
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