America’s Answer to the Chip Shortage

The Commerce Department is spelling out its plans to subsidize domestic chip production in order to secure the supply of advanced chips needed for America's modern weapons systems. WSJ’s Yuka Hayashi explains the national security interests in play. Further Reading: -Chips Act Is Bounty for Semiconductor Companies—With Many Strings Attached -Pentagon to Reap Rewards From $53 Billion Chips Act -Chips Act Will Test Whether U.S. Can Reverse Semiconductor Exodus Further Listening: -What's Wrong With the Car Market? Learn more about your ad choices. Visit megaphone.fm/adchoices