The $39 billion in direct incentives in the CHIPS Act is not a huge sum given that one new facility can cost $20-25 billion, and to fully replicate Taiwan's capacity would cost hundreds of billions of dollars, far beyond what Congress is willing to spend.
factualpending
Speaker
Chris MillerEvidence Quote
“the CHIPS Act has $39 billion for direct incentives... one new facility can cost $20 or $25 billion... if you wanted to buy all of Taiwan's capacity and build in the United States, it would cost hundreds of billions of dollars”
Source
Professor Chris Miller - “Chip War: The Fight for the World's Most Critical Technology”— MIT Security Studies ProgramCreated: 8/11/2026, 1:42:53 AM
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