Delivering on the CHIPS and Science Act’s Ambitions
The CHIPS and Science Act, signed into law in August, authorizes $280 billion over the next ten years with the goal of boosting US semiconductor manufacturing and investing in scientific research and technological development. The legislation seeks to secure supply chains, generate good jobs, and support technological leadership in critical technologies. But now comes what many observers view as the hardest part: not only must the money be appropriated, but the act must be implemented in a way that meets its many objectives.
In a special section on the legislation and its potential effects on American science and technology, Issues asked experts to explore how the CHIPS Act can deliver on its promises. Yu Zhou; Steven C. Currall and Venkatesh Narayanamurti; Elise Harrington, Sairaj Dhople, Xiaojia Wang, Jungwon Choi, and Steven Koester; Maryann Feldman; and Sujai Shivakumar examine what the legislation means for competition with China, manufacturing and workforce preparedness, place-based economic development, and environmental sustainability—and whether the act marks “an inflection point” for America’s technological leadership. In addition, Jacob Feldgoise contributes figures that visualize how government funding will change under the legislation.
Read more about how the CHIPS and Science Act could reshape the landscape of US innovation.
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