{"id":1619,"date":"2022-12-13T11:44:00","date_gmt":"2022-12-13T15:44:00","guid":{"rendered":"http:\/\/entropyeconomics.com\/?p=1619"},"modified":"2022-12-14T11:50:51","modified_gmt":"2022-12-14T15:50:51","slug":"the-microchip-renaissance-needs-more-than-money","status":"publish","type":"post","link":"https:\/\/entropyeconomics.com\/index.php\/2022\/12\/the-microchip-renaissance-needs-more-than-money\/","title":{"rendered":"The Microchip Renaissance Needs More Than Money"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"527\" src=\"https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-1024x527.webp\" alt=\"\" class=\"wp-image-1620\" srcset=\"https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-1024x527.webp 1024w, https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-300x155.webp 300w, https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-768x396.webp 768w, https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-100x52.webp 100w, https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-862x444.webp 862w, https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283-1200x618.webp 1200w, https:\/\/entropyeconomics.com\/wp-content\/uploads\/2022\/12\/b2b9bbe8-9184-4b42-8e16-9e1ab7b7e904_6372x3283.webp 1456w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>See our latest in\u00a0The Hill:\u00a0<strong><a href=\"https:\/\/bit.ly\/CHIPS-Hill\">The Microchip Renaissance Needs More Than Money<\/a><\/strong>\u00a0<\/p>\n\n\n\n<p>&#8220;The United States is pouring money into microchips, but will this fix the supply chain problem? The newly-passed\u00a0<a href=\"https:\/\/www.commerce.senate.gov\/services\/files\/592E23A5-B56F-48AE-B4C1-493822686BCB\">CHIPS Act<\/a>\u00a0provides more than $75 billion for advanced fabrication of microchips in the U.S. and is the centerpiece of a strategic effort to boost domestic high-tech manufacturing.<br \/><br \/>&#8220;Money alone, however, is not enough. If policymakers don\u2019t correct an array of obstacles across the high-tech supply chain, the CHIPS effort and America\u2019s broader high-tech manufacturing strategy could falter.<br \/><br \/>&#8220;Over the past four decades, most of the world\u2019s advanced semiconductor manufacturing capacity gravitated to Taiwan and nearby Asian locales, while the U.S. share of leading-edge capacity\u00a0<a href=\"https:\/\/www.whitehouse.gov\/wp-content\/uploads\/2022\/09\/PCAST_Semiconductors-Report_Sep2022.pdf\">fell to around 12 percent<\/a>. Low-wage labor was a factor, but enormous government subsidies were more important. Now, China and India are pushing additional subsidies and further undercutting the U.S. on a host of industrial regulatory burdens&#8230;&#8221;\u00a0<em><a href=\"https:\/\/bit.ly\/CHIPS-Hill\">continue reading at The Hill . . .<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>See our latest in\u00a0The Hill:\u00a0The Microchip Renaissance Needs More Than Money\u00a0 &#8220;The United States is pouring money into microchips, but will this fix the supply chain problem? The newly-passed\u00a0CHIPS Act\u00a0provides more than $75 billion for advanced fabrication of microchips in the U.S. and is the centerpiece of a strategic effort to boost domestic high-tech manufacturing. &#8220;Money alone, however, is not &#8230; <\/p>\n<div><a href=\"https:\/\/entropyeconomics.com\/index.php\/2022\/12\/the-microchip-renaissance-needs-more-than-money\/\" class=\"more-link\">Read More<\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1619","post","type-post","status-publish","format-standard","hentry","category-tech-note","no-post-thumbnail"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/posts\/1619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/comments?post=1619"}],"version-history":[{"count":3,"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/posts\/1619\/revisions"}],"predecessor-version":[{"id":1623,"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/posts\/1619\/revisions\/1623"}],"wp:attachment":[{"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/media?parent=1619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/categories?post=1619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entropyeconomics.com\/index.php\/wp-json\/wp\/v2\/tags?post=1619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}