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SIA says chip companies proposed 40+ projects across the US worth ~$200B since 2020, as the US realizes that chips are now as central to modern economies as oil

Wall Street Journal : Tweets: @caitleg , @greg_ip , and @jchengwsj Tweets: Caitlin Legacki / @caitleg : Extremely thorough look at the importance of CHIPS over the next 50 years, including how @SecRaimondo is pulling every available lever to ensure our domestic industry succeeds. https://www.wsj.com/... https://twitter.com/... Greg Ip / @greg_ip : Semiconductors are the new oil & the U.S. is spending billions to secure the supply. It will be way more complicated than securing the supply of oil. “There's no doubt it's a very ambitious set of objectives,” says @mikereedschmidt. @asafitch and I report. https://www.wsj.com/... Jonathan Cheng / @jchengwsj : Many were blindsided last July when a research firm reported that China's largest chip maker had begun to manufacture 7-nanometer chips. With little warning, the U.S. installed the broadest-ever restrictions on chip exports to China. @asafitch @greg_ip https://www.wsj.com/...

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  • @caitleg Caitlin Legacki on x
    Extremely thorough look at the importance of CHIPS over the next 50 years, including how @SecRaimondo is pulling every available lever to ensure our domestic industry succeeds. https://www.wsj.com/... https://twitter.com/...
  • @greg_ip Greg Ip on x
    Semiconductors are the new oil & the U.S. is spending billions to secure the supply. It will be way more complicated than securing the supply of oil. “There's no doubt it's a very ambitious set of objectives,” says @mikereedschmidt. @asafitch and I report. https://www.wsj.com/...
  • @jchengwsj Jonathan Cheng on x
    Many were blindsided last July when a research firm reported that China's largest chip maker had begun to manufacture 7-nanometer chips. With little warning, the U.S. installed the broadest-ever restrictions on chip exports to China. @asafitch @greg_ip https://www.wsj.com/...