Pentagon to Reap Rewards From $53 Billion Chips Act

[F-22Raptor]

WASHINGTON—The Pentagon will have secure access to leading-edge semiconductors manufactured at facilities receiving funding from the $53 billion Chips Act, Commerce Secretary Gina Raimondo said, ensuring the industry can supply the military with the advanced chips it needs for modern weapons systems.

The increased involvement of the military and national security officials comes as intensifying rivalry with China and weaknesses in the supply chain exposed during the pandemic raise concerns among policy makers that the U.S. has become too reliant on imported chips.

WSJ News Exclusive | Pentagon to Reap Rewards From $53 Billion Chips Act

The act will ensure the industry can supply the military with the advanced chips it needs for modern weapons systems.

www.wsj.com

 

[Get Ya Wig Split]

Amid the anticipation of funding from the Chips Act, more than 40 projects have been unveiled by U.S. and foreign manufacturers for a total investment of nearly $200 billion. The proposed projects include those by companies that now produce chips: Intel Corp., South Korea’s Samsung Electronics Co. and Taiwan Semiconductor Manufacturing.

China finna catch another L

 

[Nan Yang]

Amid the anticipation of funding from the Chips Act, more than 40 projects have been unveiled by U.S. and foreign manufacturers for a total investment of nearly $200 billion. The proposed projects include those by companies that now produce chips: Intel Corp., South Korea’s Samsung Electronics Co. and Taiwan Semiconductor Manufacturing.

China finna catch another L

First - Gosh. $53 Billion. Is that really a lot ? Wait until China comes out with its own Chip incentive. It will blow your mind !
Second - Samsung and TSMC will not get a cent. Both have investment in China.
Third - Intel that company that could not come out with 7nm despite no restriction will probably get the lion share. This is basically subsidizing an inefficient company.

 

[lightning F57]

Frankly surprised its taken the pentagon this long.