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The US Semiconductors CHIPS Act balloons to $280B - Windfall for some, peanuts for others?
It started at $40B and now has ballooned to $280B! What is going on? How did the number jump to $280B post Pelosi visit to Asia? Watch till the end - there are some provisos that might hurt India. #CHIPS #CHIPSAct #Semi #nancypelosi
References: 1. Synopsys CEO https://www.linkedin.com/posts/synopsys_live-feedback-from-washington-dc-ugcPost-6962841581758402560--pvz?
2) Intel CEO https://www.linkedin.com/posts/patgelsinger_chipsact-activity-6962796083399860224-w7Ow?
3) Forbes https://www.forbes.com/sites/brianbushard/2022/07/28/chips-act-passes-house-approves-280-billion-bill-to-boost-microchip-production-and-counter-china/?sh=6de5ccb82bfd
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By PGurus
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It started at $40B and now has ballooned to $280B! What is going on? How did the number jump to $280B post Pelosi visit to Asia? Watch till the end - there are some provisos that might hurt India. #CHIPS #CHIPSAct #Semi #nancypelosi
References: 1. Synopsys CEO https://www.linkedin.com/posts/synopsys_live-feedback-from-washington-dc-ugcPost-6962841581758402560--pvz?
2) Intel CEO https://www.linkedin.com/posts/patgelsinger_chipsact-activity-6962796083399860224-w7Ow?
3) Forbes https://www.forbes.com/sites/brianbushard/2022/07/28/chips-act-passes-house-approves-280-billion-bill-to-boost-microchip-production-and-counter-china/?sh=6de5ccb82bfd