Submitted by Vailhem t3_11ea8op in technology
[deleted] t1_jae97tf wrote
Reply to comment by cwesttheperson in The U.S. needs more than the CHIPS Act to stay ahead of China: MIT report by Vailhem
It can lead to a lose-lose situation where the choice is either massive subsidy for a resource which never returns the investment, or just giving up the industry to a foreign power.
allenout t1_jae9yza wrote
It's worth mentioning, this industry is incredibly profitable
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