WASHINGTON, DC – Semiconductors are certainly essential to a modern economy, and it makes sense to diversify sources. But it is doubtful that large subsidies and government management will keep US chip makers on top, much less that the new law should be used as a model for similar support to other industries. The US Congress recently approved ...

WASHINGTON, DC –America's world-leading semiconductor industry is a testament to the advantages a competitive market economy has over a command economy like China. But now that the United States has gotten into the business of favoring some producers over others, it is setting the industry up for chronic under-performance. Semiconductors, one ...