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As Congress moves toward conference consideration of major China-related legislation, funding for domestic semiconductor manufacturing will feature prominently. And rightly so, as semiconductors, the brains of the modern world, support nearly every element of the 21st century economy. Given their importance, securing the United States’ supply of these chips is an economic and national security imperative. But as Congress leans into industrial policy, it has a responsibility to ensure that taxpayer dollars are spent strategically to advance U.S. interests, not amounting to a blank check untethered to U.S. strategic objectives. CHIPS Act investment must tilt the geopolitical scales strongly toward the
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Read the original article: How Congress Can Ensure CHIPS Act Funding Advances National Security Interests