News Repealing the CHIPS Act could dramatically shrink US chip market share, analysts say

[Admin]

While Trump has recommended legislators revoke the CHIPS and Science Act, it's unlikely to happen and the government is obliged to distribute $39 billion grants by September 2026. But if it did happen, analysts say it could dramatically shrink the US chip production market share.

Repealing the CHIPS Act could dramatically shrink US chip market share, analysts say : Read more

 

[-Fran-]

Well...

Step 1: dismember a good initiative
Step 2: wait until it dies naturally and make a fuss
Step 3: put the same exact plan as originally intended into the practice
Step 4: take credit for the same plan as something you did

Regards.

 

[Elusive Ruse]

It’s bad because I didn’t think of it.

 

[2Be_or_Not2Be]

You say you want more manufacturing in the US, and yet you are actively trying to stop more manufacturing in the US. How many mouths can one have, to speak out of both sides so often. 🙄

 

[thestryker]

While I understand attempting to apply logic to these would be actions is an exercise in futility I find it very amusing that the companies who'd be hurt worst by killing it are the companies who have manufacturing in the US already. Poor policy is what has driven so much manufacturing offshore in the first place.

Andy Grove had a lot to say on the matter in 2010 when there was that post crash push to "do something". Also a flashback to when CNET was still a technical + reporting outlet!

https://www.cnet.com/science/why-andy-grove-is-right/

https://web.archive.org/web/2010082...ican-job-before-it-s-too-late-andy-grove.html

https://www.cnet.com/science/intels-andy-grove-on-manufacturing-in-america/