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The U.S. Senate<\/span>\u00a0earlier this week\u00a0approved\u00a0the CHIPS Act, which includes $52 billion to subsidize domestic semiconductor production. It still has to struggle its way through the bureaucracy (here\u2019s\u00a0a quick refresher), but clearing the Senate is a huge and important step toward the American chip fabrication industry getting a serious chunk of cash.<\/p>\n Personally, I\u2019m psyched that this may be happening for a few reasons. Yes, yes \u2014 supply chain problems and chip shortages have been the bane of everyone\u2019s life for a hot minute, and onshoring some of these fabrication materials, tools and know-how will go a long way toward making the U.S. less reliant on external manufacturing and more resilient in general.<\/p>\n That\u2019s all good and well, but let\u2019s be honest: $52 billion isn\u2019t exactly a sachet of coppers and nickels, but chip manufacturing is\u00a0expensive<\/em>. The last planned chip factories I can remember are\u00a0the $19 billion plant Intel is building in Germany\u00a0and\u00a0the $20 billion plant the company is building here in the U.S. If that\u2019s the price tag of a factory, the subsidy builds two and a half plants. That means jobs, but it doesn\u2019t exactly turn the U.S. into a chip-fab juggernaut overnight.<\/p>\n Far more than new factories, I\u2019m most excited about the possibility of history repeating itself. Intel\u2019s choice to build a $20 billion chip fabrication facility in Columbus, Ohio, along with the more recent news of the potential cash injection into the industry, could set the stage for a startup ecosystem boost.<\/p>\n The U.S. Senate\u00a0earlier this week\u00a0approved\u00a0the CHIPS Act, which includes $52 billion to subsidize domestic semiconductor production. It still has to struggle its way through the bureaucracy (here\u2019s\u00a0a quick refresher), but clearing the Senate is a huge and important step toward the American chip fabrication industry getting a serious chunk of cash. Personally, I\u2019m psyched that … Continue reading The passage of the CHIPS Act could launch another US startup renaissance<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":15057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/posts\/10367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10367"}],"version-history":[{"count":2,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/posts\/10367\/revisions"}],"predecessor-version":[{"id":15059,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/posts\/10367\/revisions\/15059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=\/wp\/v2\/media\/15057"}],"wp:attachment":[{"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poplinks.sbs\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/div>\n","protected":false},"excerpt":{"rendered":"