I can't help but conclude that this is too little too late. R&D isn't the problem, which is what this bill seems more focused on. The ability to produce affordable chips domestically at affordable prices is the actual problem. North America's first priority isn't access to bleeding edge tech.

> The bill also includes about $100 billion in authorizations over five years for programs such as expanding the National Science Foundation’s work and establishing regional technology hubs to support start-ups in areas of the country that haven’t traditionally drawn big funding for tech.

I can only imagine how bureaucratic the process for accessing those funds will be. More likely, Medium Tech and even Big Tech will be the ones who feed from that trough because they're the only ones willing or able to cut through the red tape.