
April 09, 2024
$6.6 billion TSMC deal in Arizona the latest in the CHIPS Act’s rollout
“President Biden signed the CHIPS and Science Act just about 20 months ago, which in government time is yesterday. And they’ve hired 200 people,” said Vivek Chilukuri, a senior fellow at the Center for a New American Security. “These people who are like material engineers and software designers, and you need the nerds also, frankly, along with the business people, and then you need the national security people on top of that.”
But now that the funding is being distributed, the Commerce Department says the U.S. is on track to produce about 20% of the world’s most advanced chips by 2030. That’s something that would be impossible without the CHIPS funding, according to Zach Butterworth, who formerly worked as Biden’s White House director of private sector engagement.
“It’s an industry we lost in the ’90s,” he said. “And without government intervention, it would not be coming back at this scale.”
Listen to the full episode and more from Marketplace.
More from CNAS
-
Energy, Economics & Security / Technology & National Security
Sharper: Chips and Export ControlsAs competition between the United States and China has intensified, advanced technology has become the latest battlefield. After years of restricting China’s access to advance...
By Charles Horn
-
Technology & National Security
Scaling Laws: The Open Questions Surrounding Open Source AI with Nathan Lambert and Keegan McBrideKeegan McBride, adjunct senior fellow at the Center for a New American Security joins to explore the current state of open source AI model development and associated policy qu...
By Keegan McBride
-
Energy, Economics & Security / Technology & National Security
Export Controls: Janet Egan, Sam Levy, and Peter Harrell on the White House's Semiconductor DecisionJanet Egan, a senior fellow with the Technology and National Security Program at the Center for a New American Security, discussed the Trump administration’s recent decision t...
By Janet Egan
-
Indo-Pacific Security / Technology & National Security
America Should Rent, Not Sell, AI Chips to ChinaSelling AI chips to China outright reduces America's AI lead for little benefit....
By Janet Egan & Lennart Heim