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
-
Commentary
Defense / Technology & National Security
Stop Obsessing Over AGIWhat’s lacking? Thoughtful, deliberate, and evidence-based deployment and adoption strategies....
By Lt. Gen. Jack Shanahan
-
Reports
Technology & National Security
Global Compute and National SecurityExecutive Summary The current pathway to breakthrough artificial intelligence (AI) capabilities relies on amassing and leveraging vast “compute”—specialized chips housed withi...
By Janet Egan
-
Video
Technology & National Security
'The Country Which Throws More Money Into Big Data Centres...': Expert On Why U.S. Is Leading AI RaceWhy is America leading the AI race, despite China's introduction of Deepseek and their hectic efforts to compete? Well, Vivek Chilukuri of the Centre for a New American Securi...
By Vivek Chilukuri
-
Video
Indo-Pacific Security / Technology & National Security
America’s New Plan to Defeat China in the AI Race | Trump | Xi JinpingIn an exclusive HT Podcast video interview, Vivek Chilukuri of the Center for a New American Security gives insight into the rapidly evolving global race for artificial intell...
By Vivek Chilukuri
