January 26, 2021
Intel’s Woes Offer an Opportunity for Resilience
America is at risk of losing its strategic advantage in technological innovation. One warning sign is in semiconductors, the silicon chips in everything from cell phones to satellites to jet planes. Recently, the hedge fund Third Point warned that US semiconductor giant Intel, the only US-based company that both designs and manufactures leading-edge logic chips domestically, was in trouble. The Biden administration faces a test: Can it craft an industrial policy as part of our competitive response to China?
Policymakers and business leaders need to forge a sound industrial policy with a “buy American” standard and incentives to keep the manufacturing and innovation of critical goods like semiconductors on shore.
While Intel has made some moves in recent days, policymakers and business leaders need to forge a sound industrial policy with a “buy American” standard and incentives to keep the manufacturing and innovation of critical goods like semiconductors on shore. The goal of this policy should not be ending trade, but building resilience in strategic sectors.
Read the full article from RealClearPolicy.
More from CNAS
-
Hotels and Free Wi-Fi Are Sitting Ducks for North Korean Cybercriminals
Commentary
The dangerous combination of weak or nonexistent cybersecurity protocols, relaxed travelers and employees, and increased e-commerce and digital financial activity provide an i...
By Jason Bartlett
-
Artificial intelligence arms race does not exist
Video
Paul Scharre, former special assistant to the under secretary of defense for policy, now vice president and director of studies at the Center for a New American Security, spok...
By Paul Scharre
-
Indo-Pacific Futures – Critical technology
Podcast
Elsa Kania joins the National Security Podcast to discuss the technologies that have become critical to national security and how they’re going to shape the region over the co...
By Elsa B. Kania
-
How the Intelligence Community Can Get Better at Open Source Intel
Commentary
The ubiquity and accessibility of this public data disrupts the assumed superiority of the government’s proprietary intelligence sources of methods...
By Lt. Gen. Robert Ashley, Jr. (Ret.) & Neil Wiley
