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
Technology & National Security
CNAS Insights | The Export Control Loophole Fueling China's Chip ProductionThis week, Reuters reported that China has apparently built a prototype of an extreme ultraviolet lithography (EUV) system, a highly intricate machine used to produce cutting-...
By Michelle Nie, Autumn Dorsey & Janet Egan
-
Video
Technology & National Security
Paul Scharre on How AI Could Transform the Nature of WarPaul Scharre, CNAS Executive Vice President, joins host Luisa Rodriguez to explain why we are hurtling toward a “battlefield singularity” — a tipping point where AI increasing...
By Paul Scharre
-
Commentary
Energy, Economics & Security / Technology & National Security
Recommendations for Promoting American AI AbroadStrategic Context and Program Objectives The American AI Exports Program is an ambitious and essential proposal to expand the reach of American AI technologies in foreign mar...
By Janet Egan, Geoffrey Gertz, Daniel Remler & Ruby Scanlon
-
Podcast
Technology & National Security
Defense One Radio, Ep. 200: Paul Scharre Explains the Global AI Arms RacePaul Scharre, executive vice president at the Center for a New American Security, joined Defense One to discuss science and technology. The former Army Ranger explored how AI ...
By Paul Scharre
