The country’s chipmaking goals will test its manufacturing potential
UDGED BY ONE metric, America’s new industrial policy is off to a roaring start. Enticed by subsidies, companies are pouring money into semiconductor plants and electric-vehicle factories as never before. With investment in manufacturing facilities running at a record high, President Joe Biden’s claim that the future will again be “made in America” seems more credible than it once did.
But the next step in the process is less certain. America is building factories, but can it find the workers to operate them?