News Snapshot:
The passage of the CHIPS Act, which provides $52.7 billion in federal subsidies to revitalize the domestic semiconductor industry, was a major bipartisan accomplishment. But without a bold strategy to break down barriers to innovation, it won't be enough to ensure U.S. semiconductor leadership. A winning long-term U.S. semiconductor strategy would position the U.S. as the most attractive place in the world for entrepreneurs to pursue disruptive new chip innovations that will define the global industry's future. It is not enough just to bring semiconductor manufacturing back to America's shores. We must create an environment that lowers the cost and...
