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whichquestion | 3 years ago

The US Government did precisely that with the CHIPS Act (2021). It allocated something like $40B for US manufacturing of semiconductors and $10B for R&D [1]. Intel is planning a megafab in Ohio that is estimated will cost $100B when it’s completed. The State of Ohio is giving $2B for the first two plants that are estimated to cost $20B [2].

Chip companies are making new fabs in the US and the US gov is helping to sponsor them.

[1] https://www.nist.gov/semiconductors/chips-act

[2] https://www.usatoday.com/story/business/2022/04/14/intel-neg...

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silisili|3 years ago

Excellent, thank you!

I suppose I should have researched more recently before commenting. The fact that this doesn't make front page national news is mind boggling to me.

reissbaker|3 years ago

In addition to the current chip shortage economic concerns, it's also a national security issue. Many of the chips American tech companies depend on are built in Taiwan, and geopolitically that's pretty dicey given China's ambitions. It locks the US into effectively needing to defend Taiwan militarily if it gets invaded, or else the US economy would get crushed.

(I mean, I think we should make sure Taiwan is never invaded and remains independent, but it's also not great to need to commit forces against a rival nuclear superpower if it does get invaded, given that said rival superpower continuously and loudly proclaims that Taiwan is part of its territory.)

carom|3 years ago

There are a few new fabs being built in the south west US.

johnny22|3 years ago

didn't it? I coulda swore i saw it on nbc news on tv, and i know i saw it in the washington post.