US funds $5 B chip effort after lagging on semiconductor innovation

[Jan Panteltje]

US funds $5B chip effort after lagging on semiconductor innovation
https://arstechnica.com/tech-policy/2024/02/us-finally-funds-semiconductor-rd-invests-5b-to-start-research-this-summer/
Quote:
"The Biden administration announced investments Friday totaling more than $5 billion in semiconductor research and development intended to re-establish the US as a global leader manufacturing the "next generation of semiconductor technologies."

[John Larkin]

Post by Jan Panteltje
US funds $5B chip effort after lagging on semiconductor innovation
https://arstechnica.com/tech-policy/2024/02/us-finally-funds-semiconductor-rd-invests-5b-to-start-research-this-summer/
"The Biden administration announced investments Friday totaling more than $5 billion in semiconductor research and development intended to re-establish the US as a global leader manufacturing the "next generation of semiconductor technologies."

The US government always tries to do more, when it should do less.

[Anthony William Sloman]

Post by John Larkin

Post by Jan Panteltje
US funds $5B chip effort after lagging on semiconductor innovation
https://arstechnica.com/tech-policy/2024/02/us-finally-funds-semiconductor-rd-invests-5b-to-start-research-this-summer/
"The Biden administration announced investments Friday totaling more than $5 billion in semiconductor research and development intended to re-establish the US as a global leader manufacturing the "next generation of semiconductor technologies."

The US government always tries to do more, when it should do less.

US industry more or less invented integrated circuits, with a lot of help from the US government.

US industry hasn't been playing any kind of leading role for a good twenty years now. It's possible that the US government should have been more discriminating about the people in US industry who they subsidised - there's a difference between spending what money you do spend more wisely and spending less.

Venture capitalists invest money in risky ventures where the possible payoff is potentially much larger than sums being invested - one in twenty venture capital investments is reputed to pay off handsomely enough to cover the nineteen that don't do as well. Why can't your government manage that?

One might imagine that US industry hires away the the civil servants who could do as well.