The Chips Act has been surprisingly successful so far. The US has now spent over half its $39bn in incentives. In so doing it has driven an unexpected investment boom. Chip companies have announce...

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The original was posted on /r/technology by /u/taike0886 on 2024-04-26 04:41:47.

Original Title: The Chips Act has been surprisingly successful so far. The US has now spent over half its $39bn in incentives. In so doing it has driven an unexpected investment boom. Chip companies have announced investments of $327bn and a stunning 15-fold increase in construction of manufacturing facilities.