Episode Notes:

Last week, Congress passed the CHIPS and Science Act, designed to boost America’s domestic semi-conductor production.

Joining us to discuss its potential impact is Eric Sayers. Eric is a nonresident fellow at the American Enterprise Institute and a vice president at Beacon Global Strategies. He previously served as a special assistant to the commander at U.S. Pacific Command and a professional staff member for Senate Armed Services Committee.

[ 0:44 ] National security implications and motivations

[ 1:50 ] What's the mechanism?

[ 3:16 ] Speed of results

[ 4:11 ] State of U.S. competition with China

[ 5:15 ] Potential for industrial policy