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
-
Commentary
Technology & National Security
Dutch Export Controls Don’t Go Far Enough on ChinaControlling the machines that make chips matters more than controlling any specific chip....
By Michelle Nie
-
Commentary
Technology & National Security
China’s AI Is Spreading Fast. Here’s How to Stop the Security RisksThe first problem is not about China, but about AI as a technology: It is incredibly difficult to audit the global supply chain for AI software....
By Ryan Fedasiuk
-
Podcast
Technology & National Security
Anthropic, the Pentagon, and the Future of Autonomous WeaponsThe last big story right before the war in Iran started was the collapse in the relationship between the Pentagon and Anthropic, with the latter objecting to any potential use...
By Paul Scharre
-
Reports
Technology & National Security
Off TargetThe pace of progress in frontier artificial intelligence (AI) capabilities shows no sign of slowing. Frontier models offer transformative potential for national security—from ...
By Caleb Withers, Jay Kim & Ethan Chiu
