Looking at the recent news about Intel receiving nearly $8 billion in CHIPS Act funding, my thoughts drift to the fascinating paradox of modern corporate innovation. The figure is staggering – enough to build several world-class hospitals or fund countless research projects. Yet here we are, pouring it into semiconductor manufacturing.

The decision makes perfect sense from a national security perspective. Having worked in tech for over two decades, I’ve watched with growing concern as semiconductor manufacturing gradually shifted overseas. Sitting in my home office, surrounded by devices that all rely on these tiny chips, it’s sobering to realize how dependent we’ve become on foreign supply chains.