R&D Investment
In the 21st century, there’s no bigger challenge to the US and the free world than China, and technology is the main battlefield. The Chinese Communist Party leader Xi Jinping is obsessed with the semiconductor industry because it’s at the heart of our way of life.
The CCP is propping up China’s semiconductor manufacturing by committing $1 trillion over the next 10 years. Xi knows that dominating this sector is the key to advancing his brand of authoritarianism around the globe. That’s why he is stacking the deck in favor of Chinese companies, making it much harder for American companies to compete.
US investment in key tech sectors via initiatives like the CHIPS Plus bill takes the technological advantage away from China Inc. and returns it to the United States. The Chinese leader is so worried about the implications of the CHIPS Plus bill, his minions are lobbying against it. That should tell you how consequential this legislation is.
History of the CHIPS and Science Act
The bipartisan $280B Chips and Science Act in essence merged the Endless Frontiers Act and the Chips for America Act -- a vital element of our mission to drive economic growth, maximize national security and combat China’s techno-economic aggression.
Biggest Onshoring in US History Will Rebuild America’s Chip Industry
In 2020, the world's largest and most advanced chip maker, Taiwan Semiconductor Manufacturing Company (TSMC), announced a plan to build a 12 billion dollar plant in Arizona. What is the full strategic meaning of this onshoring for America?
Emerging Technologies Can Protect Democratic Freedoms
Technological advances have transformed our world in ways that have the power to both make us more connected than ever—and more divided than ever.
Architect of CHIPS Act Speaks on Its Impact
Krach designed the CHIPS Act after his effort led to an agreement by TSMC to build a $12 billion 5-nm chip fab in the US
Stanford Business School Case Study on Chips & Science Act
The CHIPS Plus Act helps American tech companies build, expand, and modernize domestic facilities and equipment for semiconductor production.