2min chapter

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Chips Avengers 2023: Chips Act + AI Revolution

ChinaTalk

CHAPTER

The Restrict Act and the National Security Risk

The next big thing is now the Restrict Act, which last week was unveiled by Senator Mark Warner. It's really interesting because this is something that focuses on ICT supply chains. A front end fab requires very few people and labor is less than 20% of the cost of a final chip. But remember, there are multiple policy tools in play, right? So your industrial policy is your incentive.

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