Now watch as all these promised investments are gradually and silently scaled down during the next 3 years. These companies have really understood that the current administration is all talk no substance.

Meanwhile, Wolfspeed in North Carolina has their building nearly done (last time I drove past a few months ago) and is already growing silicon carbide crystals. They will be making 200mm wafers.

https://maps.app.goo.gl/jQJ117hsBiP3q8uc9

They received $750mm under the CHIPS Act.