The CHIPS Act Is Essential. So Is a Resilient EV Battery Supply Chain

The CHIPS Act Is Essential. So Is a Resilient EV Battery Supply Chain

This week, both houses of the U.S. Congress approved the $280 billion bill aimed at boosting the semiconductor industry. But opponents object to the $52.7 billion subsidy for semiconductor firms such as Intel to expand their manufacturing facilities when their profits are high and the market is strong.

Industry Week/July 29, 2022