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Should the U.S. subsidize chip making? San Diego business leaders sound off

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Our San Diego Econometer considers the roughly $76 billion in government subsidies approved for American semiconductor production

analysis expected it would take $900 billion to $1.23 trillion in spending to create self-sufficient semiconductor supply chains worldwide. For just the U.S., it’s $350 billion to $420 billion.

White House officials have argued money spent on chip production improves national security, but experts say the U.S. is unlikely to shed dependence on Taiwan despite the significant investment.Q: Should the U.S. subsidize chip making?Robust chip manufacturing activity in the U.S. has spillover effects that benefit other sectors. Having a dependable domestic source of chips will foster investment and innovation throughout the economy.

 

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