[Salon] US chip strategy is collapsing

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Subject: [Salon] US chip strategy is collapsing
From: Chas Freeman <cwfresidence@gmail.com>
Date: Fri, 2 Aug 2024 13:20:52 -0400
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https://x.com/philippilk/status/1819350286189641960

The CHIPS Act ended being a subsidy program to prop up the ailing construction sector. We now see that DC in its current incarnation is far too corrupt to run a successful industrial policy.

https://x.com/wmcintyre84/status/1819352806353973413

Everyone knows Intel is behind. That's why so much of the CHIPS act money was given to Samsung and Taiwan Semi to build fabs in the US

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