Jacob Feldgoise shared his expert analysis in an op-ed published by The Diplomat. In his piece, he discusses the geopolitical significance of chips and the U.S. CHIPS and Science Act, passed in August 2022 to support the semiconductor industry with over $50 billion. The Commerce Department’s Chips Program Office (CPO) is allocating funds to build advanced manufacturing facilities in the U.S. and revitalize semiconductor R&D. The progress is viewed variably depending on the objective: reducing foreign supply shocks, bolstering U.S. technological competitiveness, and reducing risks of foreign chips in national security systems.
Feldgoise emphasized the geopolitical importance of advanced chips, noting, “Biden administration officials rightly view the computational capabilities of advanced chips as a “force-multiplier” that drives both economic growth and military modernization.”
Biden administration officials rightly view the computational capabilities of advanced chips as a âforce-multiplierâ that drives both economic growth and military modernizationCSET Data Research Analyst, Jacob Feldgoise
To read the full op-ed, visit The Diplomat.