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$52 billion for semiconductor giants — but will we get more chips?
SILICON
By Brian Livingston
President Joe Biden recently signed a $52 billion subsidy program for the semiconductor industry, within an overall $280 billion package called the Chips and Science Act, but will we see an easing of today’s maddening chip shortages any time soon?
The short answer is “no,” but the reasons might surprise you — and you shouldn’t assume we’ll get no bang for our bucks at all.
Read the full story in our Plus Newsletter (19.32.0, 2022-08-08).