I found this a bit discouraging to read. To me, the biggest concern about the chips funding is that we might spend a huge amount of money, and yet fail to create mega fabs producing cutting edge chips in the United States. Intel is losing to TSMC and they might just keep losing to TSMC. When you talk to people in the industry, the general consensus seems to be that this funding is probably going to fail, because it's just so hard to overcome TSMC's existing advantages. And yet the guy running it does not really perceive this to be a key issue, or at least is not talking about it in this way.
I found this a bit discouraging to read. To me, the biggest concern about the chips funding is that we might spend a huge amount of money, and yet fail to create mega fabs producing cutting edge chips in the United States. Intel is losing to TSMC and they might just keep losing to TSMC. When you talk to people in the industry, the general consensus seems to be that this funding is probably going to fail, because it's just so hard to overcome TSMC's existing advantages. And yet the guy running it does not really perceive this to be a key issue, or at least is not talking about it in this way.