Viewpoint: US must spend wisely to boost chipmaking
While President Joe Biden's proposal to provide $50 billion to the US semiconductor industry as part of the administration's infrastructure plan is laudable, how that money will be distributed is crucial, writes Willy Shih of the Harvard Business School. "Let's hope the political necessities of getting the President's package funded don't result in money being spread so thinly that we don't have enough concentrated efforts to push the frontiers of chip technology forward," Shih states.