Semiconductor Industry Draws $200 Billion in Private Investments

Government and societal need often sparks legislation and in turn corporate interest where profits can be sought. Maximizing corporate investments often minimizes the amount government must spend to achieve the same results. Industry has a natural stake in developing certain aspects of the semiconductor industry and government has a place in guiding that research to that which is best for the U.S. competitive position within the Digital Era. 

According to a post on the Semi Conductor Industry Association article, 'The CHIPS Act Has Already Sparked $200 Billion in Private Investments for U.S. Semiconductor Production' 

• Over 40 new semiconductor ecosystem projects announced across the U.S.
• Nearly $200 billion in private investments announced across 16 states
• 40,000 new high-quality jobs announced in the semiconductor ecosystem

Good, good, good! What I would be most interested in is how the CHIPS policy impacts this private investment in a way that leads to rapid innovation and industry development. While this may happen more naturally here it is still a type of emerging industry cluster that draws in new interest and resources. If the total value created (a metric) is higher than the sum of the inputs then you have a net positive. 

In this case, it will very likely have a net positive outcome because it impact just about everything else in terms of digital era computation ability. These semi conductors power a many great things are are a root/central/national interest type industry that is essential to U.S. health and competitive viability.

When we match that with other infrastructure improvements, data protection policies, pro advanced manufacturing mindset, and new emerging forms of energy (i.e. fusion and green) matched with space technology it will be interesting to see where this trend will lead. 

(For the moment just take notice of how different forms of digital infrastructure, hard infrastructure, policies, new technologies, international business environment, and root changes in energy development are influences wide swaths of our current economic engines and social relations.)