The United States is making strides in increasing its share of global semiconductor manufacturing capacity, with projections indicating a rise from 10% to 14% over the next eight years. This growth is largely attributed to the 'Chips Act,' which aims to boost domestic production of leading-edge logic chips. Despite these efforts, the U.S. chip and electric vehicle (EV) industries face significant challenges. Two years after major legislation was passed to promote these sectors, projects are still struggling to reach production stages and reduce supply chain dependencies on China. The EV industry, in particular, is grappling with balancing costs and demand, as evidenced by Tesla's recent price cuts leading to weaker sales and margins. The struggle to manage costs and stimulate growth remains a persistent issue across the industry.