Opening up the possibility that other countries, friendly to the US, could also produce some of our semiconductors. We can work to expand S. Korean capacity, for instance. We also don't need to dump money on a problem that would respond to more gentle incentives like low interest rate loans, laws favoring government purchasing of chips from aligned nations, and incentives to boost the infrastructure needed to manufacture chips. One big piece of bringing back mfg to the US is considering expedited environmental review in limited economic zones and commitments to improving our energy and chemical industries which feed into semis. You could write a book on ways to do it, but stealing money from the future and raining it onto companies that already make billions in profits is comically short sighted.