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.

  • Reports
    • March 13, 2025
    Safe and Effective

    Executive Summary With each passing year, the promise of artificial intelligence (AI) and autonomy to change the character of war inches closer to reality. This technology wil...

    By Josh Wallin

  • Commentary
    • March 13, 2025
    Sharper: Military Artificial Intelligence

    Since the atomic bomb, no technology has the potential to be as disruptive to warfare as artificial intelligence (AI). AI could deliver instant targeting solutions, develop hi...

    By Charles Horn

  • Commentary
    • Just Security
    • March 10, 2025
    The United States Must Avoid AI’s Chernobyl Moment

    The United States cannot let speculative fears trigger heavy-handed regulations that would cripple U.S. AI innovation....

    By Janet Egan

  • Podcast
    • March 4, 2025
    Lawfare Daily: Tim Fist and Arnab Datta on the Race to Build AI Infrastructure in America

    Tim Fist, senior adjunct fellow with the Technology and National Security Program at the Center for New American Security, and Arnab Datta, Director of Infrastructure Policy a...

    By Tim Fist

View All Reports View All Articles & Multimedia