Keep in mind that this isn't just a handout to business, but also a national security issue. Having 90% of our chips made in Taiwan means we have to spend a bunch of resources protecting Taiwan.
The long term plan here is to bring this manufacturing back into the US so that we don't have to protect Taiwan anymore.
(Please note I'm not stating my opinion on if this is good or bad, simply stating the end game they are going for).
The long term plan here is to bring this manufacturing back into the US so that we don't have to protect Taiwan anymore.
(Please note I'm not stating my opinion on if this is good or bad, simply stating the end game they are going for).