The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia (Chris Miller/Financial Times)

Chris Miller / Financial Times:

The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia  —  More than halfway through its incentives spending, the US will have far greater scope to manage shocks


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