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> The IRA/CHIPS acts helped bring plants to the US soil. Industrial policy can work. I see a lot of people say the CHIPS act is a success that should be duplic
by dmix 2y ago
> The IRA/CHIPS acts helped bring plants to the US soil. Industrial policy can work.
I see a lot of people say the CHIPS act is a success that should be duplicated but is there any evidence of this yet or is it merely because money was committed and promises were made? How much industrial output vs the amount of subsidies etc. It will probably take a decade before we know if it worked.
- throw0101c 2y ago> A new report by the Semiconductor Industry Association (SIA) and the Boston Consulting Group on the semiconductor supply chain forecasts significant improvements in the resilience of the supply chain in both the U.S. and globally in coming years. The study shows that investments from the industry, facilitated by incentives under the CHIPS Act, are making progress in growing domestic semiconductor manufacturing and strengthening the U.S. economy. Among other things, the report finds: * https://www.semiconductors.org/emerging-resilience-in-the-semiconductor-supply-chain/ https://www.semiconductors.org/emerging-resilience-in-the-se... ?