Why Washington Went to Wall Street to Revive the Chips Industry

Since the Chips Act passed last summer, the Commerce Department has been building a small team of elite Wall Street financiers to help allocate $39 billion in taxpayer-funded subsidies to hundreds of companies. We speak to WSJ’S Yuka Hayashi about the Chips Program Office team and to Todd Fisher, the man who leads it. 

Further Listening:

- The U.S. Wants American-Made Chips. Can Intel Deliver? 

- The $1 Trillion Company That Started at Denny’s 

Further Reading:

- Why Washington Went to Wall Street to Revive the U.S. Chips Industry 

- Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply 

Learn more about your ad choices. Visit megaphone.fm/adchoices