America Needs More Foreign STEM Talent To Produce Semiconductors. The CHIPS Act Won’t Fix That.
On Tuesday, President Joe Biden is slated to sign the CHIPS Act, a bill that aims to boost innovation and increase domestic production of semiconductor chips, which are a critical component of electronics, vehicles, and household appliances. The act will lob $52 billion in subsidies at chip producers, amounting to a massive transfer of taxpayer money […]