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Has the US Chips Act been a success?

December 20, 2023

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SI’s answer is the table below of major U.S. fab projects announced in the last few years.

The total near term investment is $142 billion. Most of these projects were announced before the passage of the Chips Act.

However, these companies likely expected future U.S. government subsidies. The subsidies listed in the table are from state and local governments. The organization Good Jobs First tracks government financial assistance to business.

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