Geostrategic Daily

CEPA (Center for European Policy Analysis) · 8 September 2026

US Chips Policy Gains In Intelligence

The CHIPS Act, enacted four years ago, initially focused on revitalizing domestic semiconductor manufacturing, with two-thirds of its $59 billion budget going to grants and loan guarantees for foundries. New funding pivots toward AI computing capabilities, including advanced packaging, interconnects, memory, photonics, materials, and secure electronics. The summer announcement of $874 million targets the AI compute stack's connective tissue, with proposed awards to GlobalFoundries, Kepler, and Multibeam, among others.

Why it matters: This shift reflects a strategic pivot in US industrial policy, emphasizing allied cooperation and bottleneck capabilities over self-sufficiency, a key theme in transatlantic tech cooperation.

green tech supply chain · supply chain risk · great power rivalry

Record

Source
CEPA (Center for European Policy Analysis) (tier 1)
Published
8 September 2026
Link
https://cepa.org/article/us-chips-policy-gains-in-intelligence/
Content depth
full
Regions
americas, asia-pacific
Subregions
us, taiwan, china
Actors
Intel, TSMC, Samsung, Micron, GlobalFoundries
Edition
2026-09-09

Grounding

Verbatim spans from the source text that support the summary above.

When the US enacted the CHIPS Act four years ago, the first goal was to revitalize domestic semiconductor manufacturing.
The clearest evidence of the strategic shift comes with the announcement over the summer of $874 million targeting the connective tissue of the AI compute stack.
Rather than building a publicly owned domestic champion, Washington is helping build an allied R&D platform.