I agree that they should be the ones to invest in these fabs, but it also makes sense for the government to make sure that is an internationally competitive move for them to make, rather than forcing them to pour water uphill.
Which policies? I believe you, genuinely curious
Obviously any barriers to the success of US fabs should be removed, but it's not clear if there's a market for more expensive US chips - if there were, you'd think someone would build it without the need for a subsidy
Often trade deals do include agreements about subsidies.
> it's not clear if there's a market for more expensive US chips - if there were, you'd think someone would build it without the need for a subsidy
They wouldn’t be more expensive with the subsidy.
Yes but it's complicated when you're dealing with China where the govt is heavily involved in many "private" cos