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Navigating Public Investment: The CHIPS Act Focus
This chapter explores the changing U.S. political landscape surrounding public investment, particularly spotlighting the CHIPS Act as a critical response to economic and supply chain challenges. It emphasizes the Biden administration's renewed support for government involvement in the economy and the importance of effective investment strategies to enhance U.S. semiconductor manufacturing. The chapter raises questions about the success of these initiatives and the necessary benchmarks to ensure taxpayer dollars are being utilized efficiently.