I've seen comments that this is nominal dollars not adjusted for inflation. Normalized in real dollars value and investment is slightly lower than peak 2015 fac

I've seen comments that this is nominal dollars not adjusted for inflation. Normalized in real dollars value and investment is slightly lower than peak 2015 factory spending of 70B. 5-10B is fab subsidy via CHIPs, which puts rest of spending within norms of past decade of 50-60B.