After decades of neoliberalism, how much can America’s bureaucrats crank the dial on effective industrial policy? Will the CHIPS Act succeed at reshoring high-tech manufacturing? #podcast #semiconductor #chipsact #geopolitics

Next week is the CHIPS Act’s second anniversary. To discuss, ChinaTalk interviewed Ben Schwartz, the former director for national security at the CHIPS Program Office, which manages a $39 billion grant program appropriated by the CHIPS and Science Act.

We get into:

- The methods and obstacles for American semiconductor policy;

- How CHIPS Act guardrails aim to balance economic growth and national security;

- The negotiation process for companies interested in receiving CHIPS Act funding;

- Reshoring vs friend-shoring and the challenge of Chinese dominance in legacy chip manufacturing;

- Staffing and organizational structure of the CHIPS Program Office, plus the role of Commerce Secretary Gina Raimondo;

- The challenge of collecting data on secretive semiconductor supply chains.


Semiconductor industry, Global supply chains, Leading-edge chips, Taiwan contingency, Defense industrial base, Cybersecurity, Foreign investment, Legacy chips, Reshoring manufacturing, Bipartisan legislation, Commerce Department, Gina Raimondo, Intel, TSMC, Samsung, BAE Systems, F-35 components, Export controls, Chinese competition, Trade barriers

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