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U.S. govt wants to onshore 20% of leading-edge chip production by 2030 https://t.co/uWSlDD8v9V https://t.co/1acLJQOqHO
Financial Times @ft: Chipmakers Seek More Than $70 Billion in Federal Subsidies - The New York Times. #GenAI #AI #aiact https://t.co/XmnaeN1XOa
While US workers are skilled in chip design, the country lacks workers who want to work in, or have the skills necessary for, chip manufacturing. Subsidies to set up new fabs will not change that, warn Chang-Tai Hsieh, et al. https://t.co/VvOfg5Q4Ru
U.S. Commerce Secretary Gina Raimondo announced that advanced semiconductor companies have requested more than double the available federal funds for projects in the U.S. A $52.7 billion program is expected to provide significantly less than the $70 billion sought by chip companies.
