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
-
Reports
Technology & National Security
Red LinesExecutive Summary Chinese advanced artificial intelligence (AI) systems pose a serious and growing threat to U.S. national security. At least seven Chinese developers now prod...
By Daniel Remler
-
Commentary
Technology & National Security
Britain Should Be Europe’s Silicon Valley. One Thing Is Stopping It.At the heart of the country’s economic struggles is a central weakness that must be fixed: risk aversion. This is not a cultural problem, as is often implied, but institutiona...
By Keegan McBride
-
Podcast
Defense / Technology & National Security
AI on the Battlefield: Project Maven and the Future of War with Jack ShanahanProject Maven stands as one of the earliest and most consequential efforts to bring AI into military operations. This week, Elisa sits down with Lt. Gen. Jack Shanahan, former...
By Lt. Gen. Jack Shanahan
-
Reports
Technology & National Security
Adversarial DistillationI. Introduction: The National Security Threat of Adversarial Distillation The Chinese Communist Party (CCP) views artificial intelligence (AI) as central to strategic competit...
By Daniel Remler & Ben Hayum
