Why Washington Went to Wall Street to Revive the Chips Industry
Since the Chips Act passed last summer, the Commerce Department has been building a small team of elite Wall Street financiers to help allocate $39 billion in taxpayer-funded subsidies to hundreds of companies. We speak to WSJ’S Yuka Hayashi about the Chips Program Office team and to Todd Fisher, the man who leads it.
Further Listening:
- The U.S. Wants American-Made Chips. Can Intel Deliver?
- The $1 Trillion Company That Started at Denny’s
Further Reading:
- Why Washington Went to Wall Street to Revive the U.S. Chips Industry
- Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply
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