Biden’s Semiconductor Plan Flexes the Power of the Federal Government

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: In return for vast subsidies, the Biden administration is asking the chip industry to make promises about its workers and finances.

Source: NYTimes.com

Date: Feb 27, 2023

Link: https://www.nytimes.com/2023/02/27/us/politics/chips-act-biden-commerce-department.html

Questions for discussion:

  • How is government influencing the semiconductor industry?
  • What are the social and political goals tied to the financial assistance to firms that partake in the program?
  • What are your thoughts on these relationships?

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