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China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year | Tom's Hardware (www.tomshardware.com)

submitted 2 months ago by [email protected] to c/[email protected]

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cross-posted from: https://lemm.ee/post/41305880

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[–] [email protected] 5 points 2 months ago

The CHIPS bill was a massive disappointment. It was cut down to 1/5th from the intended size due to house committee BS, and then the Biden administration decided to use it as a platform to enact a bunch of wholly unrelated social policies.

I'm not saying that jobs should not offer onsite daycare or have lofty environmental goals. However this was a bill designed to ensure the US maintains an advantage in a critical industry. Maybe put that stuff in another bill.