CHIPs money announced for Samsung. It's important to celebrate the road not taken. Would be easy for the govt to have gone with "state champion" approach with Intel, but instead we have a diverse investment in global companies without the nationalism. Thats the right approach asia.nikkei.com/Business/Tech/…
With the three biggest investments in TSMC, Intel, and Samsung now announced and successfully getting good investment promises in return, we should turn to clearing the hurdles for catalyzing this industry: permitting reform + high skilled immigration. eig.org/chipmakers-vis…
We can spend all day bemoaning the mandates that came with CHIPS money or focus on clearing out other potential constraints to success. The goals matter, it will be a ***very tough climb***, we should do what we can to maximize odds of success.
@ModeledBehavior What tough is that many of these projects started construction before chips. Hard to figure out if these are enticements or rents.