I respect your opinion w/o sharing it. I do not think Congress would claw back CHIP act awards in any case and POTUS cannot unilaterally do so nor would he want to since he sees that industry as vital for America’s future..
I was in manufacturing for 12 years, both high technology (microwave) and a devising machinery to make new products in a medical chemical plant running 24-7. I was bitching about what outsourcing was doing in the early 90s as driven by corrupt environmental regulations. I do understand the vital nature of semiconductor manufacturing, and the necessity to sustain those businesses so affiliated. Yet I am concerned that this vital capability is being misdirected and would be better served as allocated to producing BOTH a yet more advanced product line and the "jelly beans" upon which other industries (such as automotive) rely. This move is locking it all into place.
Hence, I have great trepidation about the whizdumb of both Wall and K Streets, as both have betrayed the American worker to cash in on the product of everything from lab techs to plant electricians. I just don't see the kind of vision and knowledge necessary to make such allocations of precious capital in government either.
In the mean time, my focus is upon developing the rationale for a completely novel industry.