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by uejfiweun 1023 days ago
I don't know much about the Chips act and its implications. Could you ELI5?
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One of, if not the, first applications of the transistor was in missile guidance. China developed enough vertical integration and global consolidation in the chip industry to become a national security threat. Congress responded by allocating $280 billion to bring the at-risk aspects of design and development back to domestic soil. There is more nuance but that’s the gist.