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The Chips Act has been surprisingly successful at spurring an investment boom. My latest for the @FT https://t.co/I7ic52w2K4
"Equity investors will debate whether these new investments can deliver an adequate financial return. Policymakers who see the Chips Act as an insurance policy against geopolitical shocks believe it is already paying dividends." - my AEI colleague @crmiller1 https://t.co/Hh12zFHclE
In this piece, Chris Miller (chip Wars fame) assesses the so far mostly positive outcomes of the Chips legislation. The Chips Act has been surprisingly successful so far via @FT https://t.co/9MWnlCmkPu
The Chips Act, aimed at bolstering the US semiconductor industry, has shown early success in attracting investments and enhancing national security. Analysts view it as a strategic move to mitigate risks in East Asia and ensure critical infrastructure readiness. The legislation has garnered positive outcomes and is seen as an insurance policy against geopolitical shocks, with policymakers and equity investors closely monitoring its impact.
