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The CHIPS and Science Act is an innovative and important industrial policy. It makes targeted investments in critical industries to strengthen America’s manufacturing base, protect workers ...
President Joe Biden claims the CHIPS Act will boost domestic manufacturing, lower prices, and bolster U.S. national security. In reality, the bill will unlikely achieve any of these objectives.
The Senate voted 64-34 to begin debate on its Chips bill, a corporate-welfare vehicle providing $52 billion in grants and $24 billion in tax credits to the profitable semiconductor industry.
A similar shift might be underway when it comes to chip design: affordable manufacturing options and a set of free software tools are slowly bringing custom chips into the realm of hackers and ...
But even after U.S. facilities are built, chip manufacturing will remain decidedly global. The international journey of one kind of chip, made by the American semiconductor manufacturer Onsemi and ...