U.S. Aims to Chart New Course for Chip Industry

At the Wall Street Journal, "$53 billion plan, a mix of subsidies and conditions, will be a test of U.S. industrial policy: Companies receiving money to build domestic semiconductor facilities under the $53 billion Chips Act will have to meet a series of requirements imposed by the government."

The newspaper's editorial is here: "The Chips Act Becomes Industrial Social Policy: Gina Raimondo uses semiconductor subsidies to impose progressive priorities via corporations."