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The CHIPS Act had strong bipartisan support and has led to investment in many states, most heavily Ohio and Texas.

If we don't want to subsidize tech companies, that's a great rationale for eliminating it. The downside is that there is zero probability that semiconductor foundries will relocate here without it.

1 posted on 03/05/2025 8:11:55 AM PST by Miami Rebel
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To: Miami Rebel

“The CHIPS Act had strong bipartisan support”

When you throw money at red and blue states you can usually get bipartisan support.


2 posted on 03/05/2025 8:22:20 AM PST by JSM_Liberty
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To: Miami Rebel

As I recall, the Chips act was larded up with so many onerous DEI requirements that it makes it difficult to adequately staff new manufacturing facilities.


3 posted on 03/05/2025 8:37:41 AM PST by rottndog (What comes after America?)
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To: Miami Rebel

How old is Ponch now anyway?


4 posted on 03/05/2025 8:38:13 AM PST by JZelle
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To: Miami Rebel

Only the prince of morons would move a fab to NY.
Every time they have tried moving a fab to the East Coast, it has been a huge failure.
IBM sold the last of its fab to GF and then GF dumped it.
Modern fabs cost at least 20B and then you MUST keep them full and running 110% all the time.

Intel used to be the best at this.
Not anymore.


10 posted on 03/05/2025 9:39:43 AM PST by Zathras
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To: Miami Rebel

Government subsidies don’t work All they do is to encourage unions to ask for the moon continuously.


12 posted on 03/05/2025 10:42:58 AM PST by exPBRrat
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