5min chapter

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Eight Months In, What Is Happening With Biden's CHIPS Act?

Odd Lots

CHAPTER

The CHIPS Act: The New Supply Side Liberalism

The CHIPS Act is the kind of, I guess, the shining symbol of this new direction. There are lots of questions over exactly how this is being implemented and how we'll measure its success. We account for only about 10% of global semiconductor production today down from several times that a few decades ago. chips are critical to virtually every technology that underpins modern life.

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