CHIPS Act

“And AI takes you straight to chips, which takes you straight to the CHIPS Act, which has not yet resulted in the creation of any chip plants, although it might someday.”

“Some people say, hey it's not enough or, you know, it doesn't make a difference. I think it's made a huge difference. It's made a huge difference because what it's What it's really done is it's put at the top of the priority list resiliency and semiconductor b…”

“Japan also kind of had this deal to, you know, their chip sack version. And they're off to the races. They built the fab.”

“The money has not been dispersed because the deal keeps getting renegotiated to add new political requirements.”

“As of today, they have only literally dispersed 0.4% of the chip sacks money to any of these companies.”

“So there's, I expect there to be, with kind of the rollout of the CHIPS Act, I expect as chip manufacturing comes back to the US that it's an entire class of jobs that we just have literally never had here. Maybe we did for like five years in the sixties, righ…”

“The CHIPS Act that, you know, I've often highlighted was dollar for dollar an extremely effective way to start boosting investment.”

“The CHIPS Act most recently is one where if you actually read the text of the CHIPS Act, the money came with, like, an unsolvable set of requirements. Like, there was no way you could actually spend the money.”