

How many chips does $29 billion buy?
Apr 25, 2024
Michael Schmidt, Director of the Commerce Department's CHIPS Program Office, discusses the significant financial support provided to leading chip makers by the Biden administration, including Micron Technology's $6.14 billion grant. They explore the impact of these investments on advancing technologies like artificial intelligence, strengthening the US supply chain, national security, and economic growth.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Investment in Leading-Edge Memory Chip Production in the U.S.
01:31 • 3min
National Security and Onshoring Leading Edge Manufacturing Capacity of Microchips in the U.S.
04:19 • 3min
Semiconductor Investments and Economic Impact
06:54 • 5min
Semiconductor industry construction progress and future funding
11:45 • 3min