10/27/2022
Can we mitigate our overreliance on Asia when it comes to the microprocessors used in everything from appliances in our homes to the laptops we use and the cars we drive?
In early September, The Department of Commerce unveiled its implementation plan for dispersing $50 billion from the CHIPS Act for subsidies to build chip plants in the U.S. and support U.S. chip research and development. Just this month, new restrictions were placed on China’s ability to purchase and manufacture certain high-end chips used in military applications. The export controls also impact U.S. companies exporting any semiconductor manufacturing equipment to China.
By using A.I. and real-time digital counterparts of physical processes, U.S. chipmakers can catch up with Asia, says Clear Ventures founder Chris Rust.