CHIPS Act

“The BIL, the IRA, and the CHIPS Act, all three, the biggest components in all three bills, this is Biden's signature legislation, is creating energy independence for America, which will have an enormous Peace dividend. You will not fight these stupid, endless …”

“There's a lot of good reasons to believe that even if we incentivize this, we're still hopelessly behind, and the CHIPFAPs that we're building are just, they're still years behind what they have in Taiwan, for example, so it's not clear it's gonna work, is my …”

“When you look inside of the CHIPS Act, As smart as that initial policy was, if you ask, why has nothing actually happened? Why have no fabs actually been built other than grandiose statements? The answer is that, which you speak to in your book. It's just this…”

“That's the largest, boldest thing the United States has ever done to avoid dependence and in a national security area.”

“I think only Six billion has gone out because there's a bunch of conditions, and you have to actually meet these milestones, and the CHIPS Act is, is very different than how it started.”

“When I came back, the U.S. Was building about 12% of leading edge. Today, that number is more like 18%.”